OMV Petrom Sees 40% Lower Profit In 2015, Shaves 12% Off Investment Budget

04.06.2015 By Radu Bostan

OMV Petrom (SNP.RO) is preparing to endure a whole year of low oil prices and has budgeted 1.1 billion lei (EUR249 million) in net profit for 2015, 40% lower than in 2014, which in turn was down 60% the record profit of 2013.

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