OLTCHIM
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Oltchim Posts RON110M Loss In 3Q
Romanian state-owned chemical company Oltchim (OLT.RO) Monday reported a loss of some 110 million lei (EUR26 million) in the third quarter, cumulating a negative result of RON179.7 million i...
Economy Ministry: Russian TISE Interested In Buying Oltchim
Russian electricity producer TISE is interested in buying the majority stake in chemical company Oltchim (OLT.RO), according to a news release issued Thursday by the Romanian Economy Ministr...
Romania Launches Tender To Select Broker For Oltchim’s Sale
Romanian Economy Ministry will organize November 21 an auction to select a bank that will broker the sale of state-run chemical company Oltchim (OLT.RO), the company said Friday.
Romania To Privatize Oltchim By May 2012 – State Sec
Romanian state-owned chemical company Oltchim (OLT.RO) will be privatized by April-May 2012, Wednesday said Karoly Brobely, secretary of state within the Economy Ministry.
BCR, Banca Transilvania Could Agree To Debt-To-Equity Swap At Oltchim
Romanian banks Banca Comerciala Romana (BCR) and Banca Transilvania (TLV.RO) could agree to a debt-to-equity swap at chemical company Oltchim SA (OLT.RO), the Economy Ministry said Tuesday.
EU Asks Romania For Clear Commitment On Oltchim Privatization
The European Commission has asked Romania to make “a clear commitment” and present a privatization calendar for the chemical plant Oltchim SA (OLT.RO), said Joaquin Almunia, Vice-President o...
Shareholder Requests EC Investigation Into State Aid For Oltchim
German group PCC, a minority shareholder in Romanian chemical plant Oltchim Ramnicu Valcea, has asked the European Commission to begin an investigation into the state aid prepared for Oltchi...
Carlson Ventures Considers Withdrawing From Oltchim
British investment fund Carlson Ventures International, which holds a 14.05% stake indirectly in Romanian chemical company Oltchim (OLT.RO), on Tuesday said it is considering selling its par...
Economy Minister Requests Speedier EU Approval Of State Aid Measures
Romanian Economy Minister Ion Ariton met Monday with European Commission Vice-President Joaquin Almunia, asking him to hurry the technical procedures on the granting of state aid to mining c...