OLTCHIM
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Romania Plans To Give EUR40M State Aid To Oltchim Unless Diaconescu Pays For Stake
The Romanian Government will give a EUR40 million state aid to chemical plant Oltchim Ramnicu-Valcea (OLT.RO) for the payment of wages and production restart, if the winning bidder Dan Diaco...
Ponta Asks Economy Minister To Draft Special Administration Strategy At Oltchim
Romanian Premier Victor Ponta Wednesday asked economy minister Daniel Chitoiu to draft the Government backup strategy by Monday deadline of signing the Oltchim (OLT.RO) sale deal by the winn...
Oltchim Employees Continue Protests Over Unpaid Wages, Production Halt
Nearly 500 employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) resumed protests Wednesday morning, arguing they will drop protests only when the company’s production is resu...
Oltchim Employees To Resume Protests Wednesday
The employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will resume protests Wednesday over unpaid wages from August and the halt in the company's operations.
Oltchim Privatization Contract Delayed Over Missing Clauses
Romanian politician and television host Dan Diaconescu Monday refused to sign the contract for the purchase of a 54.86% stake in state-run chemical company Oltchim SA (OLT.RO), saying the de...
Oltchim Privatization, The Perfect Disaster Of Politicians Managing The State
“Is there anything more? There’s nothing more,” Remus Vulpescu, head of the Economy Ministry's privatization office OPSPI, said Friday after opening the envelope containing the offer of Dan...
Dan Diaconescu Wins Auction For Majority Stake In Romania Oltchim
Romanian politician and television host Dan Diaconescu has won a sealed-bid auction for a 54.86% stake in state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the Economy Ministry sai...
Dan Diaconescu Offers RON203M For Romania’s Stake In Oltchim
Romanian controversial politician and television host Dan Diaconescu Friday offered 203.14 million lei (EUR45 million) for the state’s 54.86% in chemical company Oltchim Ramnicu-Valcea (OLT....
Auction Offers For Chemical Company Oltchim Accepted
The four auction offers for the sale of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), submitted Thursday at the Economy Ministry’s privatization office OPSPI, have been accepte...