Insolvent Oltchim agrees to sell assets for 128.4 mln euro

The judicial administrator of  Romania's insolvent chemicals producer Oltchim [BSE:OLT] said on Friday the price of assets to be sold to Chimcomplex Borzesti and Dynamic Selling Group totals 590.6 million lei ($149.4 million/128.4 million euro) plus VAT, seenews.com informs. Romanian chemicals producer Chimcomplex Borzesti [BSE:CHOB] has concluded a contract to pay 582.3 million lei for six bundles of assets, while PVC profiles and accessories ...

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