The company’s net profit fell 2.8-fold, from RON540,000 to RON191,000, according to the company’s preliminary report.
The company is 59.6% owned by the Economy Ministry, while investment fund Fondul Proprietatea holds 8.45%.(EUR1=RON4.4813)
Energy
Oil Terminal 2013 Revenue Down 7% To RON101.83 Million
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Monday said its revenue fell 7% on the year in 2013, to 101.83 million lei (EUR23 million), from RON109.52 million a year earlier.