Romanian state-owned port operator ups profit by 13 times
Romanian state-owned port operator Oil Terminal posted in the first quarter of the year a net profit of EUR 1.4 million, which was 13 times higher year-on-year. The revenues increased by over a quarter, to EUR 7.7 million. The contract…
Romania Insider · Journalist
· Updated · 1 min read
Romanian state-owned port operator Oil Terminal posted in the first quarter of the year a net profit of EUR 1.4 million, which was 13 times higher year-on-year. The revenues increased by over a quarter, to EUR 7.7 million. The contract with oil company Rompetrol Rafinare, which stood for 16.1% in Oil Terminal’s turnover – up from 3.3% the year before, brought the increase in revenues. Another big contract was with Hungarian oil group MOL, which brought 8% of the company’s revenues, up from 3.1% in the first quarter of 2014. editor@romania-insider.com
