debts
31 articole · RSS
Debts put Oltchim in the red
Chemical plant Oltchim Ramnicu Valcea has managed to make profit from its core business in Q1 this year, after a long time of losses. Its financial expenses, however, turned the operating in...
US to help Romania collect its debts
Romania will get US' support to collect its debts from Iraq and have its companies participate in the Iraq reconstruction projects, Public Finance minister Mihai Tanasescu said. The minister...
Petromidia debts under negotiation
Rompetrol chairman Dinu Patriciu is personally negotiating the situation of Petromidia Refinery's debts to the state budget with the representatives of the Finance Ministry. Patriciu on Wedn...
Petromidia's long overdue debts unpayable
Petromidia Refinery, controlled by private oil group Rompetrol, will never be able to pay its long overdue debts to the state budget, because its indebtedness has reached the maximum level f...
UCM Resita makes profit in spite of debts
Diesel engine maker Uzina Constructoare de Masini (Machine Building Plant - UCM) Resita concluded 2002 with 31.4bn ROL ($0.9 million) in gross profit, in spite of its unpaid debts worth 1,43...
$100m of Oltchim debts swapped for equity
Petrochemical plant Oltchim Ramnicu Valcea started operations and debt restructuring procedures in view of privatisation. The company has called an Extraordinary General Meeting of the Share...
State cancels debts and takes over shares
State cancels debts and takes over shares
State cancels debts and takes over shares
State cancels debts and takes over shares
State cancels debts and takes over shares
The debt-for-share swap benefiting certain companies, either state or privately held, resurfaces. The Government is planning to regulate this process for the companies that benefited from fo...