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OIL TERMINAL

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Energy

Oil Terminal Dismisses Board Chairman

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Thursday dismissed Silviu Ioan Wagner from his position of chairman of the board, the company said in a statement.

Florentina Dragu · 24.11.2011 · 19:28 · 1 min
Oil Terminal Jan-Sep Net Profit Halves On The Year, To RON1.7M
Energy

Oil Terminal Jan-Sep Net Profit Halves On The Year, To RON1.7M

Harbor operator Oil Terminal Constanta (OIL.RO) on Tuesday reported a net profit of 1.7 million lei (EUR390,472) for the first nine months of the year, compared to RON3.7 million in the same...

Andrei Cîrchelan · 08.11.2011 · 18:22 · 1 min
Energy

Oil Terminal 1H Net Profit Falls To RON0.9M

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its net profit fell nearly threefold on year to 0.93 million lei (EUR0.21 million) in the first half, on lower sales.

Florentina Dragu · 12.08.2011 · 12:19 · 1 min
Capital Market

Fondul Proprietatea Sells 1.55% Stake In Oil Terminal

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday sold a 1.55% stake in Oil Terminal Constanta (OIL.RO), for 3.3 million lei (some EUR800,000), capitalizing on a 32% hike in Oil...

Andrei Cîrchelan · 10.06.2011 · 13:41 · 1 min
Energy

Oil Terminal Drops Plan To Cut Working Hours; Fires Staff Instead

Romanian cargo handler Oil Terminal Constanta (OIL.RO) has given up its plan to trim working hours to cut expenditure, saying it would lay off staff instead.

Florentina Dragu · 11.05.2011 · 19:16 · 1 min
Energy

Oil Terminal Cuts Working Hours To Slash Costs

Romanian cargo handler Oil Terminal Constanta (OIL.RO) Monday said it will cut working hours to four days per week, implicitly reducing pay, to meet the estimated costs for the first half of...

Andrei Cîrchelan · 02.05.2011 · 12:09 · 1 min
Energy

Economy Ministry Rejects Oil Terminal's Capital Hike Proposal

The Romanian Economy Ministry refused a Board proposal to increase the share capital at cargo handler Oil Terminal (OIL.RO) by 151.7 million lei (EUR37.23 million), to RON210 million, in a s...

Andrei Cîrchelan · 29.04.2011 · 15:08 · 1 min
Capital Market

Romanian Oil Terminal Takes RON8M Loan From Raiffeisen Bank

Romanian state-owned oil services company Oil Terminal Constanta (OIL.RO) on Tuesday took a six-year loan worth 8 million lei (EUR1=RON4.0984) from Raiffeisen Bank, to finance the constructi...

Andrei Cîrchelan · 31.03.2011 · 18:01 · 1 min