OLTCHIM
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Oltchim Looking To Sell All Of Its Assets In February
Romanian insolvent chemical company Oltchim SA (OLT.RO) plans to sell its shares in special purpose vehicle Oltchim SPV, which controls the assets of the chemical company.
Two Chinese Firms Sign Letter Of Intent With Oltchim’s Legal Administrators
The legal administrators of Romanian insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) Monday signed a letter of intent with Chinese companies Baota Petrochemical Group and Junlun Pet...
Oltchim Narrows Loss To RON172.7M In January-September
Romanian insolvent chemical plat Oltchim Ramnicu Valcea (OLT.RO) Tuesday reported loss of 172.74 million lei (EUR38.7 million) for the first nine months of 2013, down 44% on the year.
Marian Parvu Named General Manager At Oltchim
Romanian insolvent state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) has appointed Marian Parvu as general manager, union leader Corneliu Cernev said Wednesday.
Oltchim Turnover Doubles On Year To EUR11.4M In September
Romanian chemical plant Oltchim doubled turnover to EUR11.43 million in September 2013, from EUR5.6 million in the similar interval a year ago, the company’s court-appointed administrators s...
Vosganian: Negotiations To Sell Oltchim Will Start This Week
Negotiations to sell state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) will start this week and will involve companies from Israel, Turkey, Romania and post-Soviet states, outgoing...
Oltchim Seeks To Raise EUR6M In Plastics Unit Sale
Romanian insolvent chemical company Oltchim SA (OLT.RO) plans to sell its plastics manufacturing unit Ramplast DMC in a bid to raise EUR6 million, the company’s court-appointed administrator...
Oltchim Revenues Halve To EUR79M In January-August
Romanian insolvent state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) registered total revenues of EUR79 million in the first eight months of 2013, down EUR73 million on the year, ac...
Oltchim Needs EUR15M For Technological Investments
Romanian chemical company Oltchim (OLT.RO) needs some EUR15 million for urgent technological investments, Economy Minister Varujan Vosganian said Friday, adding that the state-run company, w...