PETROM
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Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources
Romanian authorities might have to extend or even reschedule a secondary offering for a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), due to a low level of subscriptions, people f...
OMV: Petrom Gas Sales Up 19% On Year In 2Q
Romanian leading oil company OMV Petrom (SNP.RO) reported a 19% increase in natural gas sales to 1.05 billion cubic meters in the second quarter, from 0.89 billion cubic meters in the year-e...
Romania Adds Five Years To Petrom’s Lease On Neptun Block
The drilling rights of oil company OMV Petrom (SNP.RO) on the Neptun block in the Black Sea have been extended by another five years, according to a Romanian Government decision issued Wedne...
Economy Minister Confident Petrom SPO Will Be A Success
Romanian Economy Minister Ion Ariton Tuesday estimated the state’s secondary offering in dominant oil company OMV Petrom (SNP.RO) will be entirely subscribed over the next days, saying he wa...
Petrom SPO To Be Resumed Next Year In Case Of Undersubscription
The secondary listing of a 9.84% stake in oil company OMV Petrom (SNP.RO) will only be resumed next year if the state fails to sell at least 80% of the shares at the minimum price, Finance M...
Romania Sets Minimum Price At RON0.3708/Share In Petrom Offering
The Romanian government on Tuesday set a minimum price of 0.3708 lei (EUR0.087) a share in a secondary offer through which it wants to sell 9.84% of oil company OMV Petrom (SNP.RO), Economy...
Small Investors Hardly Interested In Subscribing Petrom Shares
More people were interested in buying or selling foreign currency and collecting their pensions on Monday than standing in line at those bank wickets where they can subscribe to the largest...
Renaissance Head: We Can Consider Petrom Offering Successful If It Makes Front Page News In FT
Stephen Jennings, who runs Renaissance Capital, Russia’s largest investment bank and the lead manager of the OMV Petrom (SNP.RO) offering, Saturday said that for him the success of the deal...
Condmag Wins RON12.5M Pipe Installation Deal With Petrom
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Friday said it has won a 12.5 million lei (EUR2.9 million) contract to provide pipe installation and connection services to leading o...