Austrian company OMV, owner of Petrom, has such a committee and makes known the remuneration of its managing board members.

Baciu said Petrom has not yet set a deadline to implement the measure.

OMV Petrom’s Executive Board includes Mariana Gheorghe – chief executive officer and Board Chairwoman, Andreas Peter Matje – financial manager, Johann Pleininger – exploration and production manager, Neil Anthony Morgan – marketing manager and Cristian Secosan – gas and energy manager.

The members of the Supervisory Board are Gerhard Roiss – president, David C. Davies – vice-president, Manfred Leitner, Jaap Huijskes, Hans-Peter Floren, Constantin Dascalu, Gheorghe Ionescu, Mark Mobius and Riccardo Puliti.

Petrom’s net profit rose 5% to a record 3.946 billion lei (EUR885.5 million) in 2012, fueled by higher crude oil prices and lower production costs.

Its consolidated sales rose 16% on the year to RON22.26 billion in 2012, largely boosted by higher product prices.

In Bucharest Thursday, Petrom traded flat on the day, at RON0.45 a share. (EUR1=RON4.3524)