OLTCHIM

Losses continue to mount / Capacity estimated at below 20% / Reportedly 10 contenders with interest to purchase insolvent company

OLTCHIM

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

OLTCHIM

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

OLTCHIM

Media mogul Dan Diaconescu hands in highest bid / No agreement on final contract / Government denies any wrongdoing

OLTCHIM

Romanian prime minister Ponta slams all three potential investors / “Difficult situation”

OLTCHIM

CEO Roibu and entire management resigns / Workers launch hunger strike