oil companies
3 articole · RSS
ZF English
Negative surprise at Petrom in Q3: Strong RON and Kazakhstan push the company into losses
OMV Petrom (SNP), the biggest company on the Romanian market, has been affected by the revaluation of Kazakh assets and by the significant losses linked to the loans in dollars granted to the Kazakh subsidiary, posting as a result 116 million RON (27.6 million...
ZF English
Profit up despite lower turnover for most oil companies in 2009
The most important oil companies operating on the Romanian market ended the first year of crisis, which saw sold fuel volumes drop by around 6% domestically, relatively well.
ZF English · Companies
Oil companies are facing negative projections in 2009
In 2008, turnover generated by the biggest oil companies domestically topped 10bn euros, up around 22% from 2007, largely because of the high oil prices.