OLTCHIM

Romanian government's stake sold to Chimcomplex and Dynamic Selling Group / No takers for phthalic acid and Pitesti petrochemical production assets

OLTCHIM

Plants scheduled for commissioning in late October / New attempt at a sale to be launched in spring next year

OLTCHIM

Renewed production cuts / CEO Roibu continues to send employees home

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

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