OMV Petrom estimates 7.5% profit increase this year

Romanian oil and gas group OMV Petrom estimates a net profit of RON 2.58 billion (EUR 555 million) this year, up by 7.5% (in local currency) versus 2017, according to the group’s budget, romania-insider.com reads. The revenues for this year are estimated at RON 13.7 billion (EUR 2.94 billion), down compared to last year (RON 14.8 billion). The group built its budget on an average Brent oil price of USD ...

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