The company said its revenue fell to RON239.1 million from RON533.9 million in January-June 2012. Overall costs were down to RON386.6 million, versus RON722.2 million in the first half of last year.
Oltchim, which entered insolvency proceedings in January, said its production capacity utilization rate was just 18% in the first semester, halved from the similar period of 2012.
At the end of June, Oltchim’s workforce stood at 2,348 people, from 3,348 employees a year ago. (EUR1=RON4.425)