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Petrom estimates a net profit decline by 21% in 2020

OMV Petrom estimates for this year a profit of 2.81 billion lei, down 21% on the previous year. The budget was built at a price of USD 60 for a barrel, but the price has now halved, according to…


OMV Petrom is ready to continue supply

OMV Petrom has implemented a series of measures to ensure the smooth running of the activities. Christina Verchere, CEO of OMV Petrom: “We are facing an unprecedented global situation, which requires a fast and firm response from people, companies and…


Hidroelectrica pays taxes worth 223 mln. lei on time

The management of Hidroelectrica took the decision to pay on time the tax burdens incumbent on the company and not to make use of the possibility of delaying their payment in the context of the problems generated by COVID19, the…