OLTCHIM
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Oltchim Puts 1,025 Employees On Furlough In August
Romanian state-run chemical producer Oltchim Ramnicu-Valcea (OLT.RO) Tuesday said it will put 1,025 employees (about 30% of its workforce) on furlough until the end of August, due to lack of...
Roibu Gives Up Oltchim Chairman Post, But Stays On As General Manager
Constantin Roibu will leave his position as Board Chairman of the state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), while continuing to run the company, Roibu said Thursday.
Oltchim Seeks Loans Worth EUR250M For Investments, Working Capital
Romanian chemical company Oltchim (OLT.RO) plans to take out loans worth a total EUR250 million, to fund investment and working capital, according to its shareholder meeting summoning announ...
Government Could Add Oltchim To List Of Privately Managed Companies
Romanian state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) could be included on the list of companies to be run by private managers, Economy Minister Ion Ariton said Tuesday.
Roibu Says Romania Lost Dominance Among Oltchim Holders
Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Car...
PCC, Carlson Ventures Partner Up For Oltchim’s Privatization
German PCC SE has teamed up with UK-headquartered investment fund Carlson Ventures to acquire majority control of state-run chemical company Oltchim Ramnicu Valcea (OLT.RO), slated for priva...
Shares That Surged Over 40% Over The Past Few Days Run Out Of Steam
The shares of Oltchim (OLT.RO), Rompetrol Rafinare (RRC..RO) and three other oil companies, which grew between 40% and 130% from the beginning of June until mid-session yesterday, closed the...
Oltchim Buys More Assets In Arpechim Refinery
Chemical plant Oltchim (OLT.RO) bought from oil company OMV Petrom (SNP.RO) another set of assets at the Arpechim refinery, to be used in petrochemistry activities.
Oltchim Celebrates 45th Birthday Rallying On Bucharest Stock Exchange
Germany’s PCC group has bought 3.6% in Oltchim (OLT.RO) for 9.5 million lei (EUR2.3 million) over the last few weeks, contributing to the stock price skyrocketing of the stock price, which i...