Oil Terminal | Romania Feed

Romanian state-run port operator Oil Terminal (OIL.RO) saw its net profit surging 43% in the first half of 2024 compared with the year-earlier period, to roughly RON36 million, and its turnover climbing 36% to RON231 million amid higher tariffs and volumes, as per the company's half-yearly financial report published at the Bucharest Stock Exchange on August 12.

Romanian state-owned port operator Oil Terminal, 87.7% controlled by the Romanian state, ended 2023 with net profit of RON14.2 million, up 23.2% year-on-year.

Romanian state-run port operator Oil Terminal (OIL.RO) ended the first nine months of 2023 with a consolidated profit of RON23.5 million, down 18.2% from RON28.7 million in the year-earlier period, as per its financial report released by the Bucharest Stock Exchange on Tuesday (Nov 14).

The Romanian State, through the Energy Ministry, has significantly increased its ownership stake in state-run Oil Terminal (OIL.RO), the largest port operator in the Port of Constanta, following a share capital increase aimed at including the state's plots of land into the company's patrimony.