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Bucharest
September 25, 2021
BUSINESS

Oltchim employees give up protests

After protesting for three days in a row, Oltchim employees gave up their bid to picket the Economy Ministry after union leader Corneliu Cernev stated on Wednesday evening that the employees reached an agreement with the plant’s executive leadership, realitatea.net informs. Daniel Chitoiu announced on Wednesday, at the start of the government meeting, that the salaries for September will be paid until Thursday. Oltchim employees hope they will receive their salaries for October by the end of this month too. On the other hand, Rodin Traicu, secretary of state within the Economy Ministry, stated yesterday during a press conference that the IMF consents to the EUR 20 M aid that the state wants to offer Oltchim, Romanian officials asking the Fund to hasten their approval. At the same time, the IMF is asking the government to speed-up the introduction of private management within state-owned companies. The secretary of state added that the IMF has a “deficiency” in understanding that the introduction of private management calls for time and wants the government to speed-up the process. Traicu added that IMF representatives asked whether a contract that Oltchim signed with energy producer CET Govora respected the law.

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