Romania: Romanian chemical producer Oltchim doubles losses, halves sales, (...)

March 21, 2013

Romanian chemical producer Oltchim doubles losses, halves sales, total debt climbs above EUR 620 mln
Mar 21, 2013

Romanian chemical producer Oltchim doubles losses, halves sales, total debt climbs above EUR 620 mln.
Romanian state-owned chemical producer Oltchim’s preliminary financial results for 2012 show that losses doubled and sales halved last year. The insolvent chemical producer, which went through a failed privatization attempt last year, saw losses increase to around EUR 90.5 million in 2012. (...)
[Read the article in Romania Business Insider]

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