IHS Chemical Week

Regions :: Eastern Europe :: Hungary

Shareholder Unrest Continues at Romania's Oltchim

6:24 AM MDT | September 22, 2011 | Ian Young

Private equity firm Carlson Ventures International (London) says it is considering divesting its 14% stake in Oltchim (Ramnicu Valcea, Romania) because it is "deeply worried with the continuous worsening of Oltchim's financial situation, characterized by escalating debts and financial losses." Oltchim, owned 55% by the Romanian government, cut its output to 30% of nameplate capacity for the months of August and September to cut costs because the company cannot finance its working capital. Oltchim reported losses of RON70 million for the first half of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa