PETROM
276 articole · RSS
Ieba Trust Cuts Petrom Target Price To RON0.45/Share, Keeps Buy Rating
Romanian brokerage house Ieba Trust Monday cut by 6.2% its 12-month target price on Romanian leading oil company OMV Petrom (SNP.RO) to 0.45 lei (EUR0.1041) a share, but left its recommendat...
Petrom Dismisses Reports Of Gas Stations Deal With NIS
Romania’s leading oil company OMV Petrom (SNP.RO) Thursday dismissed reports regarding plans to sell 139 gas stations to Serbian peer NIS, controlled by Russian giant Gazprom.
Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations
OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiar...
Amid European Mayhem, Bucharest Bourse GM Pins Hopes On Transelectrica Offer
Valentin Ionescu, the general manager of the Bucharest Stock Exchange (BVB), the main bourse operator on the Romanian capital market, is still hoping the government will put 15% in Transelec...
OMV Petrom Gets Three Year Extension On Exploration Of Nine Blocks
The government on Wednesday announced it has extended by three years the exploration permits held by OMV Petrom on nine land blocks and one marine block, with a cumulated surface of 23,000 s...
20 Most Profitable Companies In Romania Cumulate EUR1.77B In 2010 Earnings
The 20 most profitable companies in Romania posted cumulated net profit of EUR1.77 billion in 2010, up 2.3% against the previous year, shows a Ziarul Financiar analysis of the financial stat...
Bucharest Shares Hurt Indiscriminately By New Wave Of Declines
On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines.
Petrom Negotiates 3-Year Extension On Romanian Exploration Permits
OMV Petrom (SNP.RO), Romania’s leading oil and gas producer, will find out in less than a month whether it can still prospect for resources on 10 blocks, as negotiations with Romanian author...
Petrom Posts Stronger Results Despite Falling Fuel Demand
OMV Petrom (SNP.RO), the largest Romanian company, reported rising financial figures again though the market was characterized by shrinking fuel demand. Price hikes offset the consumption de...