Petrom hives off downstream gas business

Petrom, the largest natural gas company in South-East Europe said it would hive off its downstream natural gas trading business into a separate fully-owned company, Petrom Gas SRL.“We are operating in an ever-changing marketplace and we need to adapt to it and remain competitive. The new structure of our gas trading business will offer visible benefits: it will facilitate our relations with the customers, it will improve cost efficiency by generating synergies and help us better meet ...

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