Baciu was appointed general manager in December 2017, for a four-month period, after the four-year term of Liviu Ilasi had expired.
Conpet recently proposed the payment of a gross dividend of RON8.04 per share, which equals a 7% yield. Shareholders will discuss the proposition at a meeting on April 26, 2018.
For 2018, Conpet Ploiesti expects revenue of RON418 million and an 18% lower net profit year-on-year, of RON60.7 million. The company targets investments of RON76.6 million in 2018.