“I am taking over executive leadership to support the teams in the transformation process and accelerate the implementation of the necessary measures (…),” said Stefan Vuza, the new interim general manager. “Rapid changes in Europe require quick adjustment at the operational level and the direct involvement of the leader supports internal adjustment processes.”

Chimcomplex has two industrial sites in Onesti and Ramnicu Valcea and ended the first nine months of 2025 with RON848 million revenue, 25% lower than in the year-ago period and almost RON88 million losses, compared with a RON9.6 million net profit.

Chimcomplex is valued at RON2.4 billion and is 84.5% held by CRC Alchemy Holding, a special purpose vehicle owned by Stefan Vuza, while the Romanian government owns 9%. Its shares have lost 27.2% since the beginning of the year, on a traded volume of RON15.4 million.

(English version by Loredana Fratila-Cristescu)