PETROM
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Fondul Proprietatea Wants To Sell 1.77% Stake In OMV Petrom
Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell 1.77% of its stake in the country’s largest oil company OMV Petrom (SNP.RO), which is estimated at 445 million lei (EUR102...
OMV Petrom 1Q Gas Sales Fall 5.4% On Year
Romanian leading oil company OMV Petrom (SNP.RO) reported a 5.37% decline in natural gas sales volumes to 16.39 terawatt-hours in the first quarter, hurt by falling demand, Austria’s OMV sai...
Romania Abandons Plan To Sell Petrom Stock – Energy Minister
Romanian Minister-delegate for Energy Constantin Nita said Wednesday that the government is unlikely to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO), following an unsucc...
Romania Names George Baesu In Petrom’s Supervisory Board
The president of Romania’s Property Restitution Authority (ANRP), George Baesu, has been appointed the state’s representative in the Supervisory Board of oil company OMV Petrom (SNP.RO), peo...
Government Names Procurement Authority’s President As State Representative At OMV Petrom
The Romanian Government named Wednesday the president of Romanian procurement authority ANRMAP, Lucian Vladescu, as state representative in OMV Petrom (SNP.RO) Supervisory Board.
OMV Petrom, Expert Petroleum Rent Space In City Business Centre Timisoara
Oil companies OMV Petrom (SNP.RO) and Expert Petroleum have rented a 750-square meter office space in City Business Centre (CBC) Timisoara, western Romania.
OMV Petrom Proposes 10% Lower Dividend For 2012
Romanian oil company OMV Petrom (SNP.RO) Thursday proposed paying out its shareholders a gross dividend of 0.028 lei (EUR0.0063) a share from the 2012 record profit, 9.6% lower on the year.
OMV Petrom To Disclose Directors’ Remuneration
Romanian oil company OMV Petrom (SNP.RO) wants to set up a remuneration committee and make public the remuneration of the members of the Executive and Supervisory boards, Sorana Baciu, Strat...
Romania Petrom’s Contribution To OMV 2012 EBIT Up 9% On Year
Austria’s oil group OMV (OMV.VI) Thursday said its Romanian arm OMV Petrom (SNP.RO) contributed EUR1.27 million to the group’s 2012 earnings before interest and tax, or EBIT, up 9% on the ye...