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OIL TERMINAL S.A. - OIL

Report according art. 225 Law 297/2004, Oltchim contracts

Release Date: 3/17/2017 12:58:31 PM

IRIS Code: 78F97

NO. 150/17.03.2017

 

TO: STOCK EXCHANGE BUCHAREST       

        FAX: 021/2569276

        FINANCIAL SURVEY AUTHORITY

        FAX: 021/6596414

 

CURRENT REPORT

According to CNVM Regulation no.1/2006

Report day: 17.03.2017

 

    Societatea OIL TERMINAL S.A.

    Headquarter: no.2, Caraiman str., Constanta

    Phone: 0241/702600, fax: 0241/694833

    Registering number at Commerce Registrar: J13/512/1991

    Unic register number: 2410163

 

 Important event to be reported: Transactions concluded by the company, reported according art. 225 of Low 297/2004

 

1.      Contract no. 11/C/2017

 

Beneficiary: OLTCHIM S.A IN JUDICIAL REORGANIZATION

Contract object: caustic soda services supplies and forwarding 

Estimated value: 170.000 USD

Term and payment conditions: 30 days since invoice with payment order

There are no constituted guarantees or mutual receivables

Delay interests and penalties: delay interests of 0.02% for each delay day from the amount unpaid in due term and delay penalties due for unpayment in due term of invoices 0.01% for each delay day.

 

2.      Contract no. 112/C/2017

 

Beneficiary: OLTCHIM S.A IN JUDICIAL REORGANIZATION

Contract object: oxo-alcohols services supplies and forwarding

Estimated value: 88.700 USD

Term and payment conditions: 30 days since invoice with payment order

There are no constituted guarantees or mutual receivables

Delay interests and penalties: delay interests of 0.02% for each delay day from the amount unpaid in due term and delay penalties due for unpayment in due term of invoices 0.01% for each delay.

 

General Director,

  Sorin CIUTUREANU

 



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