OLTCHIM
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No Bidders For Oltchim’s Assets, Auction To Be Resumed
Romanian insolvent chemical company Oltchim SA (OLT.RO) hasn’t received any bids for its assets by the Friday deadline, thus, administrators will resume the auction, the company said in a st...
PM:All Restructuring Measures Have Been Taken For Oltchim To Become Feasible
Romanian Prime Minister Victor Ponta Friday said that all restructuring measures have been taken so that insolvent chemical company Oltchim SA (OLT.RO) would become feasible, as it is eligib...
Oltchim Won’t Be Shut Down, It Will Eventually Be Privatized: Economy Minister
Romanian insolvent chemical company Oltchim SA (OLT.RO) will not be shut down and will be privatized later if government does not manage to sell it on June 6, Economy Ministry Constantin Nit...
Oltchim Turnover Surges 64.7% In 1Q, To RON136.2M
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its turnover surged 64.7% to 136.2 million (EUR30.2 million) in the first quarter of 2014, from RON82.7...
No Bidders For Oltchim’s Assets
Romanian insolvent chemical company Oltchim SA (OLT.RO) hasn’t received any bids for its assets by the Friday deadline, the company’s judicial administrators said in a statement.
Oltchim 2013 Loss Halves To RON285M
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Monday said its loss halved on the year to 285.1 million lei (EUR63.6 million) in 2013, on lower costs.
Oltchim Extends Deadline To Sell Its Assets To March 28
Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets.
PCC And Fortissimo Capital No Longer Interested In Oltchim Privatization
Israeli private equity investment group Fortissimo Capital and German company PCC SE, the main private shareholder in Romania’s state-owned chemical company Oltchim SA (OLT.RO), have decided...
SOCAR Not Interested In Buying Oltchim
Azeri state-owned oil company SOCAR will continue to invest in Romania but has no plans to buy chemical plant Oltchim Ramnicu Valcea (OLT.RO), according to SOCAR Romania general manager Hamz...