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

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