OLTCHIM

Several plants resume operations / State sues former CEO Roibu / Gazprom delegation due for talks in Bucharest

OLTCHIM

CEO Roibu and entire management resigns / Workers launch hunger strike

OLTCHIM

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

OLTCHIM

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

OLTCHIM

Insufficient feedstocks and money / Technical unemployment extended

OLTCHIM

Feedstocks and capital remain sparse / 840 employees have to stay home

OLTCHIM

Renewed production cuts / CEO Roibu continues to send employees home

OLTCHIM

Production cuts enter fifth consecutive month

OLTCHIM

Gazprom subsidiary interested in takeover / Production cuts continue in November

OLTCHIM

Production cuts extended for the third month in a row

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

OLTCHIM

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