Rompetrol’s Moldovan Unit Fined For “Illegal Profit”
Thursday, May 14, 2009
The Moldova-based unit of Romania’s second-largest oil company Rompetrol Group was fined by the authorities in Kishinev with 20 million Moldovan lei (RON1= MDL0.0003522) for “illegal profit” by exceeding the legal profitability threshold, Moldovan news agency Interlic reported.Thus, according to Moldovan authorities, in 2008, Rompetrol did not register in its records the MDL24.2 million profit. Thus, its profit margin reached 13.97%, as it obtained an illegal profit worth MDL9.87 ...