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Romania

Latest news

06.10.2011 OLTCHIM  Production cuts extended for the third month in a row

27.09.2011 OLTCHIM  Carlson shareholder mulling exit from Romanian group / Complaints that management restructuring is slowing privatisation efforts

14.09.2011 HIRSCH SERVO  Follow-up: Official opening ceremony for new Romanian EPS packaging plant

02.09.2011 OLTCHIM  Protestors pelt shareholder representatives with water and nuts ahead of extraordinary meeting / “King” Roibu is forced to share power / Romanian government okays another EUR 250m in loans

30.08.2011 OLTCHIM  Still running at half throttle / CEO Roibu offers to resign / Shareholders PCC and Carlson plan to bid in case of privatisation / Need for profound restructuring

11.08.2011 OLTCHIM  Money woes force Romanian PVC manufacturer to cut production by a third / More than 1,000 employees let go

19.04.2011 HIRSCH SERVO  New EPS packaging plant established in Romania / Production will meet increased demand from Samsung / Start-up scheduled for August

30.03.2011 ROMANIA  Petrochemicals and plastics output rose 12% in 2010 / Construction and automotive recovery to support future growth / BMI report

24.01.2011 CEREPLAST  Distribution agreement with Euroink Romania / Second foray into eastern Europe in 2011

14.01.2011 OLTCHIM  PVC profile manufacturer Ramplast to be sold / Funds for investment in Petrochemical Arges

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