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Romania

Latest news

29.11.2011 OLTCHIM  Production cuts enter fifth consecutive month

17.11.2011 OLTCHIM Gazprom subsidiary interested in takeover / Production cuts continue in November

14.11.2011 OLTCHIM  Main creditor banks propose debt swap / CFO Bucsa quits

17.10.2011 GREINER PACKAGING Deal to acquire majority share in Romanian plastic packaging manufacturer Amplast / Assistec network expanded

06.10.2011 OLTCHIM Production cuts extended for the third month in a row

27.09.2011 OLTCHIM Carlson shareholder mulling exit from Romanian group / Complaints that management restructuring is slowing privatisation efforts

14.09.2011 HIRSCH SERVO Follow-up: Official opening ceremony for new Romanian EPS packaging plant

02.09.2011 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

30.08.2011 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

11.08.2011 OLTCHIM  Money woes force Romanian PVC manufacturer to cut production by a third / More than 1,000 employees let go

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