The record date was set for May 15, 2023, and the payment date for June 7.

The shareholders also approved the 2023 spending and revenue budget, which was built around a significant decline in revenue and net profit, amid expectations of a decline sales volumes and prices compared with the 2022 high.

OMV Petrom expects RON39.9 billion revenue, 28% lower than in 2022, as well as RON3.9 billion net profit compared with last year’s 10.2 billion.

(English version by Loredana Fratila-Cristescu)