OLTCHIM

PCC minority shareholder increases stake by acquiring Carlson shares

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

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

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