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Rompetrol targets European top 10

Rompetrol, the second-largest oil company on the local market, plans to become one of the top 10 European companies in the field in five years. The company, controlled by businessman Dinu Patriciu, currently ranks 25th among top European oil companies, so it needs to climb 15 places and surpass giants such as MOL and OMV. Patriciu recently told Business Standard he plans to list the company on the London Stock Exhange in two years, when Rompetrol is set to reach net sales worth $12-15 ...

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Energy & Environment

Thursday, July 26, 2007