The decisions were approved Thursday by the company’s General Assembly of Shareholders, according to a report sent to the Bucharest Stock Exchange Wednesday.

Rompetrol Well Services reported a net profit of 6.6 million lei (EUR1.52 million) in the first quarter, double on the year. Sales rose 38% to RON25.6 million, the company said in its financial report.

Rompetrol Well Services is 71.74%-owned by Dutch-based The Rompetrol Group, controlled by Kazahstan’s KazMunayGas.