The company registered revenues of RON816.4 million at the end of December and overall expenses of RON1.2 billion, reads the document.
In 2011, Oltchim’s debts amounted to RON2.539 billion and its turnover stood at RON1.533 billion. The company registered revenues of RON1.641 billion and expenses of RON1.92 billion.
Oltchim currently employs 3,307 people, from 3,447 in 2011.
The estimated value of underway investments is EUR92 million, while new investments are seen at EUR141.5 million.
Romania’s Government failed to privatize Oltchim in October last year. The privatization procedure will be resumed in the first half of 2013.
Oltchim is controlled by the Economy Ministry with a 54.8% stake. (EUR1=RON4.3351)