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Tag Archives: reorganization plan

Collective layoffs at one of the largest companies in Romania

A program of collective layoffs was approved by Electrica, in force until December 31, 2019, an annnoucement sent to Bucharest Stock Exchange (BVB) informs. The decision was taken in order to streamline the company’s activity by correlating the number of ...

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Oltchim shares are returning on trading on BVB as of Wednesday

Trading Oltchim shares (OLT) on the Bucharest Stock Exchange (BVB) will resume on Wednesday, putting end to a suspension of more than two and half years, the report submitted on Tuesday by the company to BVB reads. This comes after ...

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Oltchim’s reorganization plan includes its sale

The plan to restructure the chemical factory in Ramnicu Valcea, Oltchim, under insolvency now, provides the selling of the state-owned company to a eligible buyer, according to a report remitted to Bucharest Stock Exchange on Tuesday. The reorganization strategy which ...

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