Operating losses are estimated at RON50.3 million, 26% narrower from the year-earlier period, Rominsolv and BDO said in the statement.
The chemical company reported a loss of roughly RON86 million in the first three months of this year, 3.7% wider compared to RON82.81 million in the same months of 2012.
Sales declined to RON82.8 million, from RON254.5 million in the first quarter last year.
Oltchim halted operations last August in preparation for a privatization attempt, which failed after the auction winner refused to pay the price agreed with the authorities.
The company opened insolvency proceedings in January 2013 and it not yet clear when the restructuring process would be completed. Currently, Oltchim operates at a very low capacity.