Administrators Expect Oltchim Sale By Yearend

02.24.2015 By Gabriela Stan

Creditors of Romanian insolvent chemical company Oltchim SA (OLT.RO) will discuss the reorganization plan in March, which includes the sale for EUR307 million, according to lawyer Gheorghe Piperea, partner of administrator RomInsolv, who added that he hopes the company would be sold by yearend.

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OLTCHIM
, SALE
, PIPEREA

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