Results 51 - 75 from 253 for "oltchim"
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Oltchim Lays Off 225 Employees, Less Than Initially Estimated
09.10.2015
Romanian state-run chemical plant Oltchim will lay off 225 employees as part of the reorganization plan, representing approximately 10% of its total employee numbers, less than 500 initially more
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Oltchim Posts RON9M Loss From Current Operations In 1H, But Huge Profit After Annulment Of Debts
08.13.2015
Romanian state-run chemical plant Oltchim registered a net profit of RON2.31 billion (EUR518 million) in the first half of 2015, after the annulment of debts worth RON2.35 billion based on its more
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A Chinese Petrochemical Company Mulls Buying Romanian Oltchim
07.10.2015
A Chinese petrochemical company has expressed interest in buying Romanian state-run chemical plant Oltchim and exploiting crude oil locally which will be used to obtain raw material needed to keep more
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Chimcomplex Plans To Buy Oltchim And Set Up Romanian Chemical Plant
07.02.2015
Romanian chemical company Chimcomplex Borzesti (CHOB.RO), owned by businessman Stefan Vuza, plans to acquire chemical plant Oltchim Ramnicu Valcea and set up the Romanian Chemical Company. more
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Oltchim Turnover Grew 35% In January-April, To EUR54.8M
05.27.2015
Chemical plant Oltchim Ramnicu Valcea (OLT.RO) had a 35% growth in turnover in January-April, to EUR54.8 million, and posted a pre-tax profit of EUR4.2 million, form a loss of EUR11.7 million in the more
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Administrators Expect Oltchim Sale By Yearend
02.24.2015
Creditors of Romanian insolvent chemical company Oltchim SA (OLT.RO) will discuss the reorganization plan in March, which includes the sale for EUR307 million, according to lawyer Gheorghe Piperea, more
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Oltchim 2014 Loss Narrows 46% To RON509.4M
02.13.2015
Romanian insolvent chemical company Oltchim SA (OLT.RO) narrowed its loss by 46% in 2014, to 509.4 million lei (EUR114.6 million), from RON946 million in 2013, on the backdrop of using 24.3% of its more
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Oltchim’s Reorganization Plan To Include Its Sale
01.20.2015
The reorganization plan of Romanian insolvent chemical company Oltchim SA (OLT.RO) will stipulate the company’s sale to an eligible buyer, Oltchim said in a statement Tuesday. more
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Oltchim 2014 Turnover Up 25% To EUR141.2M
01.20.2015
Romanian insolvent chemical company Oltchim SA (OLT.RO) registered a 25% higher turnover in 2014, of EUR141.19 million, largely due to higher exports and lower crude oil prices. more
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Oltchim Administrators To Present Reorganization Plan In February
01.06.2015
The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO), RomInsolv and BDO Business Restructuring, will present the company’s reorganization plan in February, which will be more
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Oltchim Turnover Up 21.3% To RON436M In January-September
11.12.2014
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its turnover rose 21.3% to 436 million lei (EUR98 million) in January-September 2014, from RON359.4 million in more
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PCC SE Wants Romanian State To Draw Up Oltchim’s Reorganization Plan
09.25.2014
German company PCC SE, the biggest private shareholder of Romanian insolvent chemical company Oltchim SA (OLT.RO), proposed that the Romanian state, its main creditor, should draw up the company’s more
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Oltchim 1H Loss Narrows 22% To RON115.2M
08.13.2014
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its loss narrowed 22% to 115.2 million lei (EUR25.97 million) in the first half, from RON147.5 million a year more
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Oltchim To Auction Off Its Assets Again In December
08.12.2014
The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO) plan to resume the auction for the sale of the company’s assets. more
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Oltchim Posts Highest 2013 Loss In Romania
06.16.2014
The highest loss posted by a company in Romania last year stood at EUR220 million and was reported by Oltchim. Financial institutions posted five of the ten highest losses in 2013. more
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No Bidders For Oltchim’s Assets, Auction To Be Resumed
06.06.2014
Romanian insolvent chemical company Oltchim SA (OLT.RO) hasn’t received any bids for its assets by the Friday deadline, thus, administrators will resume the auction, the company said in a statement. more
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PM:All Restructuring Measures Have Been Taken For Oltchim To Become Feasible
06.06.2014
Romanian Prime Minister Victor Ponta Friday said that all restructuring measures have been taken so that insolvent chemical company Oltchim SA (OLT.RO) would become feasible, as it is eligible for more
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Oltchim Won’t Be Shut Down, It Will Eventually Be Privatized: Economy Minister
06.03.2014
Romanian insolvent chemical company Oltchim SA (OLT.RO) will not be shut down and will be privatized later if government does not manage to sell it on June 6, Economy Ministry Constantin Nita said more
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Oltchim Turnover Surges 64.7% In 1Q, To RON136.2M
05.14.2014
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its turnover surged 64.7% to 136.2 million (EUR30.2 million) in the first quarter of 2014, from RON82.7 million more
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No Bidders For Oltchim’s Assets
03.28.2014
Romanian insolvent chemical company Oltchim SA (OLT.RO) hasn’t received any bids for its assets by the Friday deadline, the company’s judicial administrators said in a statement. more
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Oltchim 2013 Loss Halves To RON285M
02.17.2014
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Monday said its loss halved on the year to 285.1 million lei (EUR63.6 million) in 2013, on lower costs. more
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Oltchim Extends Deadline To Sell Its Assets To March 28
01.29.2014
Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets. more
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PCC And Fortissimo Capital No Longer Interested In Oltchim Privatization
01.21.2014
Israeli private equity investment group Fortissimo Capital and German company PCC SE, the main private shareholder in Romania’s state-owned chemical company Oltchim SA (OLT.RO), have decided not to more
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SOCAR Not Interested In Buying Oltchim
01.10.2014
Azeri state-owned oil company SOCAR will continue to invest in Romania but has no plans to buy chemical plant Oltchim Ramnicu Valcea (OLT.RO), according to SOCAR Romania general manager Hamza Karimov. more
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Oltchim Looking To Sell All Of Its Assets In February
12.12.2013
Romanian insolvent chemical company Oltchim SA (OLT.RO) plans to sell its shares in special purpose vehicle Oltchim SPV, which controls the assets of the chemical company. more