Workers of Romania's Oltchim stage Bucharest protest

09 April 2013 17:20  [Source: ICIS news]

LONDON (ICIS)--Around 1,000 workers of crisis-hit Romanian chemical company Oltchim travelled to Bucharest and protested outside the government's headquarters over unpaid wages and prospective job cuts, Romania's economy ministry said on Tuesday.

A written memorandum from the protesters, which fear around one-third of the company's 3,500-strong workforce could lose their jobs in the government's eventual solution for the state-controlled and insolvent firm, was received by minister of social dialogue Adrian Ciocanea and other government representatives, it added.

The protesters shouted slogans outside Victoria Palace in the capital, which is the Romanian government's headquarters.

Oltchim workers have for several months been staging sporadic protests at Oltchim's production site in Ramnicu Valcea, in central south Romania.

Production at Oltchim continues to run at less than 10%, with output having been severely restricted for more than a year due to a lack of available feedstock supplies.

In October last year, following the collapse of an attempt at privatising the firm, the head of Romania's privatisation agency resigned.

Oltchim's main products are polyvinyl chloride (PVC), polyols, dioctyl phthalate (DOP) and caustic soda.

By: Will Conroy
+44 20 8652 3214

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