Overall, shareholders voted in favor of distributing RON1.6 million for dividends and RON1.2 million as own financing source, from the 2020 net profit of RON4 million.

Dividends will be paid on June 7.

Oil Terminal reported a net profit of RON3.55 million for 2020, up 47.8% compared with 2019, and its turnover grew 14% in 2020, to RON191.6 million

The company, with a market value of RON107 million, is 59.62% owned by the Romanian state, while Sebastian Valentin Dumitrescu owns 16.7%.

OIL shares have been trading down 3.1% since the beginning of 2021, amid deals worth RON1.8 million, per stock market data.