Petrom to set up gas distribution company

Petrom oil company will establish a new gas distribution company, Petrom Distributie Gaze SRL, which will manage the already existing gas distribution network of Petrom .The company will be formed by transferring assets and employees from Petrom S.A. The decision to reorganise the gas distribution business is in line with relevant European Union directives and Romanian legislation Petrom, the largest oil and gas producer in South Eastern Europe, is undergoing a reorganisation process of ...

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