Petrom from gas and oil, to electrons and wind

Petrom, Romania's biggest company, became part of Austrian OMV's portfolio in late 2004, with the company over the past six years undergoing a significant transformation process that has marked its financial results.Whereas in 2004 Petrom posted 240m-euro losses against around 2bn-euro turnover, in the six months of this year alone the company reported net income worth 1.5bn RON (366.8m euros) and sales of 8.3bn RON (over 2bn euros).The company, as it looks today, is, however, ...

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