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Oltchim cut losses by 50 pc

February 17, 2014

Petrochemical plant Oltchim, insolvent since January 2013, reported losses for last year of RON 285.08 million (EUR 64.5 million), 50 per cent lower, following the significant cuts in financial spending, reports Mediafax. The company reported a loss of RON 8.28 million out of its financial activity, compared to the negative result of RON 236.95 million [...]

The text of this article has been partially taken from the publication:
http://www.nineoclock.ro/oltchim-cut-losses-by-50-pc/
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