Danish bank, Norway's sovereign fund own stakes in Romanian oil carrier

22 March 2016

The top 10 shareholders of the Romanian oil carrier Conpet Ploiesti include Norway’s sovereign fund, which owns 0.24% of the company, and the largest Danish lender Danske Bank, with a stake of 0.14%, according to the latest reports recorded on Bloomberg.

The Romanian state controls the company through the Energy Ministry, which has a majority stake of 58.7%, and Romanian investment fund Fondul Proprietatea has a 6% stake, reports local Ziarul Financiar.

The NN private pension funds have a combined stake of 3.29% in the company and local investment fund SIF Banat-Crisana bought a stake of 1% in the carrier in the third quarter of last year.

Conpet operates the oil transport pipelines in Romania and had operational revenues of EUR 92.7 million and a net profit of EUR 12.2 million, in 2015. The company is listed on the Bucharest Stock Exchange and has a market capitalization of EUR 137 million.

editor@romania-insider.com

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Danish bank, Norway's sovereign fund own stakes in Romanian oil carrier

22 March 2016

The top 10 shareholders of the Romanian oil carrier Conpet Ploiesti include Norway’s sovereign fund, which owns 0.24% of the company, and the largest Danish lender Danske Bank, with a stake of 0.14%, according to the latest reports recorded on Bloomberg.

The Romanian state controls the company through the Energy Ministry, which has a majority stake of 58.7%, and Romanian investment fund Fondul Proprietatea has a 6% stake, reports local Ziarul Financiar.

The NN private pension funds have a combined stake of 3.29% in the company and local investment fund SIF Banat-Crisana bought a stake of 1% in the carrier in the third quarter of last year.

Conpet operates the oil transport pipelines in Romania and had operational revenues of EUR 92.7 million and a net profit of EUR 12.2 million, in 2015. The company is listed on the Bucharest Stock Exchange and has a market capitalization of EUR 137 million.

editor@romania-insider.com

Normal
 

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