Банкеръ Weekly

Briefs

ORGACHIM IS EMERGING FROM THE ZUNK MARSH

Even upon the signing of the contract for the privatisation of 51% of the Rousse-based organic dyes plant Orgachim in July 1998 it was clear that it will be difficult for the company to survive with the USD13MN ZUNK liabilities it has inherited. Obviously the buyer, Whitebeam Holding, thought...
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