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Read More »Romania Declares Chemical Firm Has Gone Bust
After attempts to sell it failed, the mainly state-owned Oltchim chemical company is filing for insolvency.Romania’s mainly state-owned petrochemical and plastics manufacturer, Oltchim, is to start insolvency procedures after sending a request to a local court, the Economy Minister, Varujan Vosganian, said on Wednesday. Oltchim is the second large state-owned …
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