The company’s turnover grew 7.5% last year, to RON375 million (EUR84.5 million) from RON348.85 million in 2013.
Exploitation revenue dropped 0.8%, to RON402.45 million (EUR90.64 million), while exploitation expenses were 7.3% lower, standing at RON348.47 million (EUR78.5 million), the company said in a report Thursday.
The company’s exploitation profit rose 80%, to RON54 million (EUR12.16 million).
Conpet is 58.72% owned by the Economy Ministry while investment fund Fondul Proprietatea holds a 29.7% stake. Its main clients are OMV Petrom, Petrotel Lukoil and Rompetrol Rafinare.