Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


OMV Petrom shareholders get dividends despite plummeting oil prices

The shareholders of Romanian oil and gas group OMV Petrom approved the distribution of dividends in gross value of approximately RON 1.76 billion (EUR 360 million), representing 48% of the 2019 net profit. Approximately RON 362 mln (EUR 75 mln) will go to the Romanian state, which holds a minority stake of over 20.6% in the company. Austrian group OMV, which holds the 51% majority stake in the company, will get close to RON 900 ...

Article accessible to subscribers only. Please login or subscribe.