Oltchim Posts RON9M Loss From Current Operations In 1H, But Huge Profit After Annulment Of Debts

08.13.2015 By Ecaterina Craciun

Romanian state-run chemical plant Oltchim registered a net profit of RON2.31 billion (EUR518 million) in the first half of 2015, after the annulment of debts worth RON2.35 billion based on its reorganization plan, while from current operations it had a loss of RON9.12 million.

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