OMV: 40 pc of Petrom's profit is directed to the Romanian Government and the Proprietatea Fund

Austrian OMV company, the main shareholder in Petrom, says in a press release that 40 percent of the profit derived by Petrom is directed to the Romanian Government and the Proprietatea Fund.In 2005, the net profit of Petrom stood at 1.416 billion RON and the business turnover reached 10.76 billion RON. Exports totalled $1.033 billion, according to the financial results released by the company.Petrom's contributions to the Budget advanced 1.5 billion RON between 2004 and now.The OMV release ...

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