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Oltchim

Type: Company

Name: Oltchim

First reported May 14 2013 - Updated May 14 2013 - 1 reports

Spontaneous protest of Oltchim employees in Pitesti

Powered by Max Banner AdsOver 300 employees of the ‘Divizia Petrochmica Bradu’ near Pitesti, controlled by Oltchim, stopped working yesterday morning, as a protest against the announced layoffs. The protesters complained about the fact that they did not ... [Published Nine O'Clock - May 14 2013]

Entities: Pitesti (Romania), Oltchim, protest

First reported May 13 2013 - Updated May 13 2013 - 1 reports

Bca Transilvania

Oltchim ended Q1 with losses of about RON 86 M

The Oltchim plant, which is in an insolvency procedure now, ended the first quarter with losses of RON 85.92 M (EUR 19.6 M), representing an increase by 3.7 pc, while sales collapsed to one third, or RON 82.77 M (EUR 18.8 M).In the first three months ... [Published Nine O'Clock - May 13 2013]

Entities: Oltchim, Bca Transilvania, Varujan Vosganian, CFR Marfa SA, Electrica

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Varujan Vosganian

Good signs for Oltchim: 10 letters of intent

If the Parliament rejects the Rompetrol memorandum, all the arrangements are void, the minister of Economy, Varujan Vosganian warns.The Ministry of Economy received 10 letters of intent for the chemical plant Oltchim Ramnicu Valcea six for Cupru Min and ... [Published Nine O'Clock - May 09 2013]

Entities: Oltchim, Varujan Vosganian, Rompetrol, Romania

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Romania?s insolvent Oltchim to layoff around a quarter of staff to prepare for ?haircut? before privatization

Around 900 employees in Romanian – state – owned and insolvent chemical producer Oltchim will be laid off starting next week, 600 of whom will be from the main company in Ramnicu Valcea, and 300 from a subsidiary near Pitesti. The number of people who ... [Published Romania Business Insider - May 09 2013]

Entities: Oltchim, Insolvent, Concealment

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Israelis of Fortissimo Capital, interested in Oltchim

Officials of the Israeli investment fund Fortissimo Capital arrived at the Oltchim plant of Ramnicu Valcea, as they are interested by the assets of this company, Oltchim sources announced after a meeting aimed at evaluating the data and assets of the ... [Published Nine O'Clock - May 08 2013]

Entities: Oltchim, privatise

First reported May 05 2013 - Updated May 05 2013 - 1 reports

Romania petrochemicals market: Latest market analysis presented

There is currently a great deal of uncertainty surrounding the future of Romanian petrochemicals producer Oltchim following the decision to file for insolvency in January 2013 after an attempt to privatise the firm failed. Nevertheless, the relatively ... [Published TransWorldNews - May 05 2013]

Entities: Petrochemical, Romania, market analysis

First reported May 03 2013 - Updated May 03 2013 - 1 reports

Freight Company

Romania: Four potential bidders line up for rail freight company-

Four large companies are interested in buying n state owned rail freight company CFR Marfa, Prime Minister Victor Ponta has announced.Ponta did not disclose the names of the four companies, but said they had expressed an interest in buying the company ... [Published Balkans.com - May 03 2013]

Entities: Freight Company, CFR Marfa SA, Romania

First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Over 3,000 construction sites are opened in Romania-

Over 3,000 construction sites are opened in , and the Ministry for Regional Development and Public Administration intends to have works finalized. In fact, one of the goals announced by authorities is to reduce arrears in the construction sector. Experts ... [Published Balkans.com - Apr 22 2013]

Entities: Construction, Varujan Vosganian, Romania, Oltchim, privatise

First reported Apr 21 2013 - Updated Apr 21 2013 - 1 reports

Romaero to be privatized

Economy Minister Varujan Vosganian has announced that the government is conducting evaluations in order to prepare Romaero Bucharest (RORX) for privatization. Romaero is a company specializing in airplane maintenance and repairs, being one of the last ... [Published Nine O'Clock - Apr 21 2013]

Entities: Varujan Vosganian, Concealment, Bucharest, privatise, Oltchim

First reported Apr 09 2013 - Updated Apr 09 2013 - 1 reports

Clashes at Oltchim unionists protest

Some 1,000 Oltchim employees protested outside the government building, asking for their salaries to be paid by April 15. “Ponta, we are starving to death!”, workers shouted at the meeting.Some 1,000 employees from Oltchim and the Bradu Petrochemical ... [Published Nine O'Clock - Apr 09 2013]

Entities: Oltchim, Victor Ponta, protest

First reported Apr 09 2013 - Updated Apr 09 2013 - 1 reports

Workers Protest in Romania Over Unpaid Wages

Angry employees of the Oltchim chemical company rallied in Bucharest demanding payment of their overdue wages and urging the government to step in and save the plant. ... [Published Balkan Insight - Apr 09 2013]

Entities: Romania, protest, Workers

First reported Apr 05 2013 - Updated Apr 05 2013 - 1 reports

Workers Struggles: Europe, Middle East & Africa

Teachers strike in Denmark after contract talks break downOn Tuesday, teachers protested throughout Denmark after they were locked out in a dispute over working hours. The lockout occurred after the teachers union and the local government association ... [Published World Socialist Web Site - Apr 05 2013]

Entities: Workers, Oltchim, Mineral

Quotes

However, financial analysts looks with some doubt on the governments privatisation plans. "The previous privatisations conducted at the request of financial institutions did not turn out very well. Hopefully this time the situation will be different, the journalist, Cristian Rosca, said. is running late in selling the natural gas producer, Romgaz, or its stake in the national carrier, Tarom. In February, the government approved the sale of its majority stake in the railway freight carrier, CFR Marfa."

Romania's government will start selling its stake in different companies- [Published Balkans.com - Apr 15 2013]

More Content

sort by: Date \| Relevance
Spontaneous protest of Oltchim employees in Pit... [Published Nine O'Clock - May 14 2013]
Oltchim ended Q1 with losses of about RON 86 M [Published Nine O'Clock - May 13 2013]
Good signs for Oltchim: 10 letters of intent [Published Nine O'Clock - May 09 2013]
Romania?s insolvent Oltchim to layoff around a ... [Published Romania Business Insider - May 09 2013]
Israelis of Fortissimo Capital, interested in O... [Published Nine O'Clock - May 08 2013]
Romania petrochemicals market: Latest market an... [Published TransWorldNews - May 05 2013]
Romania: Four potential bidders line up for rai... [Published Balkans.com - May 03 2013]
Over 3,000 construction sites are opened in Rom... [Published Balkans.com - Apr 22 2013]
Romaero to be privatized [Published Nine O'Clock - Apr 21 2013]
Temptation of scandal [Published Nine O'Clock - Apr 18 2013]
12 “very strong companies” from Europe interest... [Published Nine O'Clock - Apr 16 2013]
Romania's government will start selling its sta... [Published Balkans.com - Apr 15 2013]
EHFCL: Gyor vs Larvik in the final [Published Nine O'Clock - Apr 14 2013]
Romania Press Review – April 12, 2013 [Published Balkan Insight - Apr 12 2013]
Clashes at Oltchim unionists protest [Published Nine O'Clock - Apr 09 2013]
Workers Protest in Romania Over Unpaid Wages [Published Balkan Insight - Apr 09 2013]
Workers Struggles: Europe, Middle East & Africa [Published World Socialist Web Site - Apr 05 2013]
Romania Press Review – April 03, 2013 [Published Balkan Insight - Apr 03 2013]
Romania Press Review – March 29, 2013 [Published Balkan Insight - Mar 29 2013]
Romania Press Review – March 04, 2013 [Published Balkan Insight - Mar 04 2013]
Romania Press Review – February 06, 2013 [Published Balkan Insight - Feb 06 2013]
Romania Press Review – January 31, 2013 [Published Balkan Insight - Jan 31 2013]
Romanian government announces new round of aust... [Published World Socialist Web Site - Jan 24 2013]
Romania Declares Chemical Firm Has Gone Bust [Published Balkan Insight - Jan 24 2013]
Romanian elections: far from an exercise in rea... [Published open Democracy News Analysis - - Dec 17 2012]
Romania: 3,500 jobs threatened at chemical plant [Published World Socialist Web Site - Oct 25 2012]
Romanian workers protest privatization, demand ... [Published World Socialist Web Site - Sep 20 2012]

Blogs

sort by: Date \| Relevance
Romania Press Review – April 12, 2013 [Published Balkan Insight - Apr 12 2013] Death of a man in Hungary worries Bucharest, Low cost airline Blue Air is up for sale, Oltchim is to start paying overdue wages ...
Workers Protest in Romania Over Unpaid Wages [Published Balkan Insight - Apr 09 2013] Angry employees of the Oltchim chemical company rallied in Bucharest demanding payment of their overdue wages and urging the government to step in and save the plant. ...
Romania Press Review – April 03, 2013 [Published Balkan Insight - Apr 03 2013] Oltchim to lay off over 1,000 employees, GDP rise 0.7pct last year, Dacia sales in France going better ...
Romania Press Review – March 29, 2013 [Published Balkan Insight - Mar 29 2013] President Basescu in dispute with ex-Justice minister. Protests at chemical producer Oltchim. Romania kept its main interest rate at 5.25 per cent. ...
Romania Press Review – March 04, 2013 [Published Balkan Insight - Mar 04 2013] Bucharest believes another state was behind the "MiniDuke" cyber attack, Chemical company Oltchim should be privatised, Child's Pose to premier in Romania ...