MOL Group Posts $1.11B Net Profit In 2017
Oil group MOL registered a net profit of $1.11 billion in 2017, up 18% against the previous year.
Capital expenditure related to organic activities rose to $1.04 billion, in accordance with the targets recommended, slightly higher than in the previous year.
Daily output reached on average 107,400 barrels of oil equivalent (boe), slightly lower than the annual target recommended, due to lower contributions from Great Britain.
In Romania, fuel retail sales kept an upward trend. Thus, diesel sales (retail) rose 10% in 2017 compared with 2016, while gasoline sales were stable. (jurnalul.ro)
Code Yellow Alert For Strong Wind And Blizzard
Meteorologists issued a nowcasting alert for strong wind and blizzard in the next two days.
On Thursday, there will be strong wind, with gusts exceeding 75-85 km/hour locally and reaching 95-100 km/hour in the mountains.
On Friday, there will be light rain in western regions and mostly snowfall in northern, north-eastern regions, in the mountains and in some areas. (jurnalul.ro)
Three-Month ROBOR Continues Upward Trend
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, rose slightly to 2.09% on Tuesday, from 2.08% a day before, according to central bank data.
The six-month ROBOR index, which is used to calculate interests on leu-denominated mortgage loans, stagnated on Tuesday at Monday’s level of 2.40%.
The three-month ROBOR reached 2.22% at the end of December 2017. (puterea.ro)
Iohannis To Magistrates: ”Judicial Process Is Being Questioned”
Romania’s President Klaus Iohannis advised the graduates of the National Institute of Magistracy that they should not be influenced by those who question the judicial process and assured them of his full support in their endeavour to accomplish their mission.
„You are in the front line of defending the fundamental principles on which any genuine rule of law is strengthened. Do not forget that the good functioning of the justice system also depends of your strength of mind”, said Iohannis. (puterea.ro)