OMV Petrom's net profit drops by 24% in Q1 2025
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.
The gross dividend proposed to be distributed from the individual profit is RON 0.1178 per share, and the total gross value of the dividends is RON 40 million.
Romania's Ministry of Economy says it submitted a letter of intent to the European Commission to host the planned Black Sea AI Gigafactory.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the country's largest solar installations.
PPC Blue Romania is introducing a complimentary towing service for its subscribers, marking a first for electric mobility companies in Romania.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.