OLTCHIM
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Oltchim Makes Bid To Take Over Entire Activity Of Arpechim
Romanian state-run chemical plant Oltchim (OLT.RO) Thursday said it has made an offer to take over the entire activity of troubled supplier Arpechim Pitesti, after owner OMV Petrom (SNP.RO)...
PCC Ups Stake In Oltchim To 15.7%, Shares Continue Rally
German PCC SE on Wednesday bought 1.9% of Romanian state-run firm Oltchim (OLT.RO), for 5.9 million lei (EUR1.43 million), thus upping its stake in the chemical company to 15.7%.
Oltchim To Start Petrochemistry Operations At Arpechim By End-May
Romanian state-owned chemical plant Oltchim (OLT.RO) on Monday said it will start by the end of May the first petrochemistry installation at the Arpechim refinery, following an investment of...
Romanian Oltchim's Debt To Become Stock, Not History - CEO
Romania will not erase the debts owed by chemical company Oltchim (OLT.RO), but it considers turning the debt into stock, in view of privatizing the company, Oltchim general manager Constant...
Carlson Ventures International Ups Stake In Oltchim To 13.9%
British investment firm Carlson Ventures International Ltd. on Thursday bought a 1.66% stake in Romanian chemical company Oltchim (OLT.RO) through a Cyprus-registered firm, raising its stake...
Romania Gives Up Plans To Shut Down Oltchim If Privatization Fails
Romanian government gave up its plans to shut down chemical plant Oltchim Ramnicu-Valcea (OLT.RO) if privatization procedures should fail in 2011, according to the country’s letter of intent...
Romanian Oltchim Buys Petrom Installations For RON1.6M
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) Tuesday said it has bought several installations owned by oil company OMV Petrom (SNP.RO) in Arges county for 1.6 million lei (EUR0....
Romania Vows Quick Privatization Or Liquidation For Oltchim - Draft
Romanian chemical company Oltchim (OLT.RO) will be liquidated if the government fails to privatize it by the end of the year, according to the draft letter agreed on May 3 between local auth...
Oltchim Needs Strong Privatization Partner - GM
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) should be sold to a solid company, which considers the chemical plant's strategic importance and which would act to the benefit of e...