Petrom estimates a 24 percent drop in profit

The biggest Romanian company Petrom estimates a net profit of 197 million euros for this year, down 24 percent against 2006, at a turnover of 3.1 billion euros, down 16 percent against the one in 2006.The turnover included in the company's budget for this year does not include excises.The estimations are included in the company's budget of revenues and expenses for 2007, which is to be submitted to the approval of the company's shareholders in a meeting set for April 17.Despite estimations, ...

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