Codescu was elected as a member of the board in December.
Oil Terminal is 59.62% owned by the Economy Ministry, while investment funds Fondul Proprietatea (FP.RO) and Broadhurst Investments hold 8.45% and 7.62%, respectively.
Energy
Oil Terminal Shareholders Elect Board Chairman
Shareholders of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Monday elected engineer Dan Codescu as chairman of the board of directors.