OIL TERMINAL
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Oil Terminal Shareholders To Vote On Board Members Dismissal In December
The Managing Board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Tuesday convened a meeting of shareholders to vote on the dismissal of board members Anca Elena Marica a...
Oil Terminal 1H Sales Down 6.4% To RON52.7M
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said first-half sales slid 6.4% on the year to 52.75 million lei (EUR12 million), due to lower demand for petroleum produc...
Audit Report Reveals Unjustified Expenses At Several State-Owned Companies
Most companies under the authority of the Romanian Economy Ministry spent money illegally over the past years, Economy Minister Daniel Chitoiu said Friday.
Oil Terminal Chairman Resigns After Less Than One Month On Board
Sorin Viorel Ciutureanu, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down less than a month after being appointed and has been replaced...
Oil Terminal Board Chairman Steps Down
Andrei Todea, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down and has been replaced in an acting capacity with Sorin Viorel Ciutureanu...
Oil Terminal’s Board Chairman May Step Down
Andrei Barbu Todea announced plans to step down from his position of Chairman of the Board at Romanian oil storage and shipment firm Oil Terminal (OIL.RO), the company said in a statement Fr...
Oil Terminal Switches To RON1.1M Loss In 1Q
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said it has switched to a loss of 1.1 million lei (EUR0.25 million) in the first quarter, versus profit a year earlier, hi...
Pay Hike Row Sparks Strike At Oil Terminal
Two thirds of the some 1,200 employees at Romanian harbor operator Oil Terminal Constanta (OIL.RO) went on general strike Monday morning, claiming pay hikes, according to union leaders.
Oil Terminal Cuts Working Hours, Salaries
Management at Romanian state-owned harbor operator Oil Terminal (OIL.RO) decided to reduce working hours to four days per week, coupled with pay cuts, in order to cut costs.