OLTCHIM
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Oltchim’s Privatization To Kick Off With Sealed-Bid Auction Sept 14
The Romanian government has modified the privatization chart for state-run chemical company Oltchim SA (OLT.RO) and announced that will start the proceedings with a sealed-bid auction instea...
Oltchim May Hike Share Capital By RON2B
Romania’s chemical producer Oltchim Ramnicu Valcea (OLT.RO) may hike its share capital by 2.059 billion lei (EUR4.5 million) utmost, to RON2.093 billion, through the conversion into shares o...
Another Member Of Oltchim's Board Resigns
Grigore Craciunescu resigned from the managing board of Romania’s chemical producer Oltchim Ramnicu Valcea (OLT.RO), citing personal reasons.
Oltchim Appoints Economy Ministry Secretary As Board Chairman
Romania’s chemical producer Oltchim Ramnicu Valcea (OLT.RO) appointed Rodin Traicu, secretary of state with Ministry of Economy, Commerce and Business Environment, as chairman and acting mem...
Government Approves State Guarantee For EUR40M Loan To Oltchim
Romania’s government has approved a state guarantee for a EUR40 million loan for chemical producer Oltchim Ramnicu Valcea (OLT.RO), Economy Minister Daniel Chitoiu said Friday.
Employees Of Oltchim Resume Protests, Blame On Economy Ministry
Unionists at Romanian chemical producer Oltchim (OLT.RO) said they will resume protests Thursday, blaming the company's majority stockholder, the Economy Ministry, for postponing several iss...
Economy Ministry Appoints Special Administrator At Oltchim
Romania’s Economy Ministry Wednesday appointed Toma Bogdan Costreie as special administrator of chemical producer Oltchim (OLT.RO), the company said in a statement.
Oltchim To Be Placed Under Administration
Romania's Government has decided to place chemical producer Oltchim (OLT.RO) under administration, in order to make the company solvent and get it ready for privatization later in the year.
Oltchim Appoints Two Interim Board Managers
The Managing Board of Romanian state-owned chemical producer Oltchim (OLT.RO) on Thursday appointed Mihai-Radu Saptefrati și Nicolae Rotileanu as interim directors, replacing Karoly Borbely...