Thus, road administrators refuse to release authorizations for six pipeline upgrade works.
According to a draft emergency ordinance, the state’s Energy Department plans the exemption of Conpet from the payment of such taxes.
Conpet targets investments of RON50 million in 2014, of RON56.2 million in 2015 and of RON60 million in 2016.
Conpet forecasts revenues of RON399.13 million in 2014, up 2.6% from RON388.75 million in 2013, and net profit of RON30.3 million, down 10% from RON33.7 million a year ago.
The company is 58.72% owned by the Economy Ministry. Investment fund Fondul Proprietatea (FP.RO) holds a 29.7% stake.