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Romania

Latest news

27.11.2012 KRAHN CHEMIE  Distribution of light stabilising additives in Europe / Agreement with Beijing Tiangang

09.10.2012 OLTCHIM  Plants scheduled for commissioning in late October / New attempt at a sale to be launched in spring next year

26.09.2012 OLTCHIM  Media mogul Dan Diaconescu hands in highest bid / No agreement on final contract / Government denies any wrongdoing

24.09.2012 OLTCHIM  Romanian prime minister Ponta slams all three potential investors / “Difficult situation”

17.09.2012 OLTCHIM  CEO Roibu and entire management resigns / Workers launch hunger strike

31.08.2012 OLTCHIM  Chlorine electrolysis down / 500 employees are sent home / Shares to be auctioned off in mid-September

01.08.2012 OLTCHIM  New state loan? / Romanian petrochemical group under government administration

14.05.2012 OLTCHIM  Finances turn deep red in 2012 / Profits halved / New management to take over in June

23.03.2012 CORRECTION - OLTCHIM  Four investors ready to bid for ailing Romanian petrochemical group / PCC and Rompetrol shareholders among the interested parties / Offer deadline expires in mid-April

07.03.2012 OLTCHIM  Insufficient feedstocks and money / Technical unemployment extended

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