Oltchim announced earnings results for the year 2016. The company expects to post EUR 110,000 profit in 2016 on a turnover of EUR 168 million. The company estimates its EBITDA at EUR 12.3 million, up by EUR 2.7 million from 2015, and sees its operating profit at EUR 330,000.

In 2015, the company cut its gross loss to EUR 8.15 million from EUR 42.8 million a year earlier and posted a positive EBITDA of EUR 9.63 million.