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OMV Petrom Group recorded in 2017 a net profit worth 2.489 billion lei, almost 2.4 times higher (140 percent) compared to the net result recorded in 2016, namely 1.038 billion lei, according to the unaudited financial results released on Wednesday by the company.
In 2017, the group's sales totalised 19.435 billion lei, increasing by 17 percent compared to 2016 when they reached 16.647 billion lei.
The Austrian OMV Group is the major shareholder of Petrom with 51.01 percent and the Energy Ministry holds 20.64 percent of the shares. Petrom is the biggest Romanian oil and gas company, with activities in the Upstream (Exploitation and Production), Downstream Oil (Refinement and Marketing), Downstream Gas (Gas and Energy) sectors.
AGERPRES .
