PETROM
276 articole · RSS
Rainer Seele Steps In As OMV CEO, Petrom’s Board President
Rainer Seele, the new CEO of Austria’s OMV group, stepped in on Tuesday as president of the Supervisory Council of Romania’s only oil and gas producer Petrom (SNP.RO), replacing Gerhard Rois...
OMV Petrom Contracts EUR1B Revolving Credit Line
Romania’s leading oil and gas producer OMV Petrom (SNP.RO) contracted a multi-currency credit line of 1 billion euros from a syndicate of 17 banks, the company said Thursday.
ING Appoints Mariana Gheorghe On Supervisory Board
OMV Petrom CEO Mariana Gheorghe has been appointed on the supervisory board of Dutch financial group ING, Petrom announced Wednesday.
OMV Petrom Cuts Investment Budget, OKs Dividend Payout
Romania’s largest oil&gas company OMV Petrom (SNP.RO) will pay a gross dividend of 0.112 lei (EUR0.025) per share from 2014 profits, almost three times lower than last year, according to the...
Petrom Weaknesses: The Factors That Wiped Out RON2.8B From The Profit Of Romania’s Biggest Company In 4 Years
Litigation with the thousands of employees who left the company, the lower-than-expected results of some investments and the failure of some exploration and production projects were the elem...
Romania’s Most Powerful CEO Gets New Term After Almost 10 Years At The Helm Of Petrom
Mariana Gheorghe, Romania’s most powerful executive, will remain at the helm of Petrom until 2019, after she got another four-year term, the third one after she was appointed in this positio...
OMV Petrom Posts Loss In 4Q; FY Net Profit Falls 56%
Romania’s largest company OMV Petrom (SNP.RO) turned to losses in the fourth quarter of 2014, due to the lower oil prices and the negative contribution of its power business.
Petrom To Lower Investments By As Much As 35% This Year
OMV Petrom (SNP.RO), part of Austria's OMV, will lower its investment plans by 20%-35% this year, citing lower crude oil prices.
OMV Petrom Signs Contract With FAN Courier For Parcel Collection In 300 Gas Stations
Romania’s leading oil&gas company OMV Petrom (SNP.RO) has concluded an agreement with courier services company FAN Courier for the submission and collection of parcels in nearly 300 gas stat...