Petrom Weaknesses: The Factors That Wiped Out RON2.8B From The Profit Of Romania’s Biggest Company In 4 Years

03.31.2015 By Roxana Petrescu

Litigation with the thousands of employees who left the company, the lower-than-expected results of some investments and the failure of some exploration and production projects were the elements that marked Petrom’s profit during the 2011-2014 period, with the provisions set up by the company hitting a four-year high in 2014.

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