The company’s turnover rose 30% to EUR49.06 million, while revenues increased from EUR38.18 million to EUR47.27 million.
Oltchim has been under insolvency since January 2013 and its judicial reorganization plan was extended for another one-year period in 2016.
The chemical plant is 54.8% owned by the Economy Ministry, 32.34% by PCC SE, while other shareholders own the remaining stake of 12.85%.