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Wednesday, December 15, 2004
Well, it's final.
Austria’s OMV has finalized the takeover of the stake representing 51 percent in Petrom, an OMV release informed. The Austrian company paid EUR 669 million for the direct purchase of a 33.34 percent stake in Petrom and contributed another EUR 830 million in the equity increase operation to the majority stake. EBRD has 2 percent of the stock, as it also participated in the capital increase through a convertible loan extended in the past to Petrom, while minority shareholders get another 6 percent.
Posted by Mihai : 12/15/2004 03:18:00 pm
06/01/2004 - 07/01/2004
Romania rejects Iraq's $2.6bn debt write off
Romania completes EU entry talks, but Basescu want...
Real salaries increase by 1.2%
A new President & a new Government in the making
It's final, Basescu wins
Minimum Wage To Climb To 3.1 Mln ROL
Inflation could hit 9.4% by yearend
BREAKING NEWS !
BEC alerts Police after SMS joke
Voting outside Romania
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