OMV PETROM
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Petrom 1Q/2023 Sales Down 20% To RON9.5B, Profit Drops 15% To RON1.48B
OMV Petrom, Romania’s largest oil company, ended the first three months of 2023 with RON9.5 billion sales, vs RON12 billion in the year-ago period, while net profit slipped by 15% to RON1.48...
OMV Petrom Set to Pay RON2.3B Dividends from 2022’s RON10B Net Profit on June 7
Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The...
Petrom Starts Petrobrazi General Revision Works
OMV Petrom, Romania’s largest oil company, has started general revision works at Petrobrazi, which will be carried out during six weeks and for which the company will earmark RON400 million.
OMV Petrom Hydrocarbon Output Down 4% In Q1/2023 Vs Q1/2022
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Wednesday in a report that its total hydrocarbon production stood at 116,300 barrels of oil equivalent (boe) per day in th...
OMV Petrom Budgets 28% Decline in Revenue in 2023
OMV Petrom (SNP.RO), the largest company in Romania, has budgeted RON40 billion revenue from sales in 2022, compared with RON55 billion in 2022 and the net profit should reach RON3.9 billion...
OMV Petrom Seeks to Delist GDRs on London Stock Exchange
OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer and the largest company listed on the Bucharest Stock Exchange (BVB), has called shareholders for April 26, when they are to...
OMV Petrom Extends Christina Verchere's CEO Mandate Until April 16, 2027.
The Supervisory Board of OMV Petrom decided in its meeting of Feb 23 to extend the mandate of the company's Chief Executive Officer (CEO), Christina Verchere, by four more years, until April...
Petrom Reports Record Net Profit Of RON10.2B For 2022
Amid soaring prices, especially at filling stations, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, boasted record high financial results in 2022.
OMV Petrom Appoints Katja Tautscher As Interim Member Of Supervisory Board
OMV Petrom S.A. has announced in a stock market report the appointment of Katja Tautscher as interim member of the Supervisory Board effective as of 1st of January 2023 and until the next Ge...