Conpet obtained last year a net profit of 54.2 million RON, up 5.6% compared to the gain recorded in 2014, of 51.4 million RON, according to a notice of the national oil carrier.

At the same time, the revenues from turnover reached 381.3 million RON, up 1.7% from the previous year. Total operating revenues increased by 2.2% to 411.7 million RON, shows the financial results of Conpet. Operating expenses increased by 0.4% to 349.5 million RON. The company achieved a financial profit of 5.7 million RON, down from 9.6 million RON in 2014.

The company’s total debt is 48.9 million RON, out of which 21.2 million RON represent commercial debt. Conpet representatives noted that there are also lawsuits in several courts in the country.

“In 2015, there were additional provisions for litigation totaling 1,101,381 lei. However, their value has diminished with 634.441 lei, by completion of some litigation in which the company was involved”, indicated Conpet.