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Geophysical and geological services company Prospecţiuni Bucharest, controlled by the businessman Ovidiu Tender , reported revenue last year of 415.4 million lei (94.2 million euro) , up 20.5 % compared level of 344.7 million lei recorded in 2012.

In the analyzed period, prospecting recorded a gross profit of 35.2 million lei, up 56.4% compared to earnings of 22.5 million lei in 2012, it appears from preliminary data for 2013 submitted to the Bucharest Stock Exchange.

Company expenses totaled 380.1 million lei in 2013, up nearly 18% compared to 2012, when they amounted to 322.2 million lei.

The turnover of the company increased by 21.8% last year, to 383 million lei (86.8 million), from 314.3 million lei level reached in 2012.

Prospecţiuni mentioned in the report submitted to the Exchange, that the financial results for 2013 are preliminary and unaudited.
Ovidiu Tender holds 55.7% stake in Prospecţiuni, via Tender SA Timisoara and SIF Muntenia (SIF4 ) has a package of 11.82% . Other shareholders cumulate remaining 32.4 % in the company.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.