Energy
Romanian OMV Petrom Sold Green Certificates For EUR37M In 2010
Romanian leading oil company OMV Petrom (SNP.RO) sold 57% of the green certificates it received last year, at an estimated price of EUR37 million.
OMV Petrom To Put Gas Distribution Unit On Sale
Romania's largest oil company OMV Petrom (SNP.RO) will try again to sell natural gas distributor Petrom Distributie Gaze, after a failed attempt in 2008.
Dafora Sees 7% Higher Net Profit In 2011
Romanian drilling company Dafora Medias (DAFR.RO) estimates a 6.7% increase in its full-year net profit to 8.69 million lei (EUR2.13 million), from RON8.14 million in 2010, the company said...
Amonil Expects Flat Net Profit In 2011, At RON0.5M
Romanian fertilizer maker Amonil Slobozia (AMO.RO) estimates a net profit of 453,388 lei (EUR111,277) in 2011, little changed on the year, on substantially lower sales, the company said Frid...
Economy Ministry Rejects Transgaz Proposal To Pay 2010 Dividend
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Friday said its majority holder, the Economy Ministry, has rejected a proposal to pay out dividends from last year’s...
Rompetrol Rafinare Sees 22% Higher Revenue In 2011
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, estimates a 22% increase in pretax revenue to $3.43 billion this year, according...
Rompetrol Well Services To Pay RON0.015/Share Dividend
Rompetrol Well Services Ploiesti (PTR.RO), the oil services unit of the Rompetrol group, Friday said it will pay a gross dividend of 0.015 lei (EUR0.037) per share from last year's profit.
Oil Pipe Operator Conpet Rejects Proposal To Triple 2010 Dividend
Romanian oil transporter Conpet Ploiesti (COTE.RO), controlled by the Economy Ministry, Friday rejected a proposal to triple the 2010 dividend by including company reserves.
Romanian Contor Group Pins Bankruptcy On Flawed Management
Shareholders of Romanian measuring device maker Contor Grup (CGC.RO) held majority holder and president-general manager Tudor Caracioni responsible for the company’s bankruptcy, and replaced...