OLTCHIM

Secret state funding for ailing Romanian PVC producer? / European Commission calls on Bucharest to clarify its involvement

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

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

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

ROMANIA

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

OLTCHIM

Agreement finally reached on Petrom's petrochemical activities / Minority shareholders sceptical