Sharehodlers have decided to extend the credit agreement until november 2020.
Oil Terminal reported a net loss of RON1.07 million for the first half of 2018, compared with a net profit of RON11.4 million in the same period last year. Its turnover dropped 11% in the first half of the year, to RON68 million.
Oil Terminal is 59.62% owned by the Romanian state through the Energy Ministry, 14.8% is held by Sebastian Dumitrescu, and the remaining 25.5% of the share capital is distributed among investors on the stock market.