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Romania

Latest news

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

19.04.2010 PROMENS  Agreement with Romanian parts producer strengthens activities in south eastern Europe

06.04.2010 ROMPETROL PETROCHEMICALS  HDPE capacity at Constanta plant to increase by 70%

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