Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

KMG to decide in 3 months if it will take over Rompetrol

KazMunaiGas, majority shareholder of Rompetrol, will decide in three months if it will up its participation in Rompetrol to 100 percent, after acquiring 75 percent of shares in August 2007 from businessman Dinu Patriciu.Uzakbai Karabalin, President of KazMunaiGas, said the group has the option to buy the remaining 25 percent of shares. Rompetrol officials did not comment on the information.Analysts indicate that there will be no fundamental change in strategy if KazMunaiGas ...

Article accessible to subscribers only. Please login or subscribe.

More