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PETROM

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Petrom: Gas&Power Demand In Romania To Remain Subdued In 2014
Energy

Petrom: Gas&Power Demand In Romania To Remain Subdued In 2014

Romania’s largest oil and gas company OMV Petrom (SNP.RO) expects domestic demand for natural gas and electricity will remain subdued this year, after declining 8% and 5% year-on-year in 201...

Florentina Dragu · 19.02.2014 · 10:31 · 1 min
OMV Petrom Gas Sales Fell 6% In Q4 2013
Energy

OMV Petrom Gas Sales Fell 6% In Q4 2013

Romanian leading oil and gas company OMV Petrom (SNP.RO) reported 6% lower gas sales volumes in the fourth quarter of 2013, compared with the same period a year earlier, due to weak demand f...

Gabriela Stan · 30.01.2014 · 11:08 · 1 min
Romania, Likely To Enter New Investment Stage
Companies

Romania, Likely To Enter New Investment Stage

Four of the parent companies of the 20 largest Romanian firms boasted share increases by as much as 53% on international markets in 2013, the best year for the Western stock exchanges after...

Bogdan Neagu · 16.01.2014 · 23:00 · 2 min
Petrom And Romgaz Paid EUR113M In Royalties In 1H 2013
Energy

Petrom And Romgaz Paid EUR113M In Royalties In 1H 2013

Petrom and Romgaz, the largest hydrocarbon producers in Romania, paid royalties of some 500 million lei (EUR115 million) to the state budget in the first six months of 2013, according to dat...

Bogdan Neagu · 14.01.2014 · 00:00 · 1 min
Main Business Events In 2013
Macroeconomics

Main Business Events In 2013

ZF has listed the main events of 2013 in Romanian business, which include the biggest-ever profit made by a company in Romania, the opening of the first bridge linking Romania to Bulgaria in...

Daniela Stoican · 24.12.2013 · 15:00 · 6 min
How Major Gas Station Operators Divided Turf In Romania
Energy

How Major Gas Station Operators Divided Turf In Romania

Romania’s largest oil and gas company OMV Petrom (SNP.RO) operates the biggest local gas station network, and rivals Rompetrol, MOL and Lukoil either decided to fight it directly or strength...

Loredana Frățilă-Cristescu · 09.12.2013 · 00:00 · 3 min
OMV Petrom Wants To Replace Natural Gas Processing Plants For Up To EUR260M
Energy

OMV Petrom Wants To Replace Natural Gas Processing Plants For Up To EUR260M

Romania’s largest oil and gas producer OMV Petrom (SNP.RO) is looking to award a EUR64 million contract for the replacement of two natural gas processing plants.

Tudor Ioana Raluca · 05.12.2013 · 00:00 · 1 min
Franklin Templeton Funds Bought 0.087% In Petrom From EBRD For EUR4.6M
Capital Market

Franklin Templeton Funds Bought 0.087% In Petrom From EBRD For EUR4.6M

Four funds administered by U.S. company Franklin Templeton bought 0.087% in Romanian oil company OMV Petrom (SNP.RO) from the European Bank for Reconstruction and Development (EBRD) for 20.7...

Ioana Tudor · 21.11.2013 · 12:38 · 1 min
Petrom Sells 54% Of Brazi Plant Electricity On Regulated Market
Energy

Petrom Sells 54% Of Brazi Plant Electricity On Regulated Market

The 860-megawatt gas-fired power plant operated in Brazi by oil and natural gas company OMV Petrom (SNP.RO) sold 54% of its first-year production on the regulated market where households and...

Tudor Ioana Raluca · 18.11.2013 · 00:00 · 3 min