Results 651 - 675 from 710 for "petrom"
-
Fondul Proprietatea Willing To Help With Future Bourse Privatizations
07.28.2011
Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered more
-
Who’s To Blame For Petrom Offering Failure?
07.25.2011
The Romanian government’s offering to sell 9.84% in OMV Petrom (SNP.RO), the biggest transaction in the entire history of the Bucharest Stock Exchange, was almost invisible during the subscription more
-
Ariton: Petrom Offering Will Resume In 1Q '12 At The Earliest
07.22.2011
Romanian Economy Minister Ion Ariton said the sale process of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO) will be resumed in the first quarter of 2012 "at the earliest." more
-
Renaissance Blames Market Conditions For Petrom’s Failed Offering
07.22.2011
Romania’s unsuccessful attempt to sell a 9.84% stake in top oil company OMV Petrom (SNP.RO) at the desired price was due to difficult market conditions and low investor appetite, according to more
-
Weak Demand Hinders Petrom Offering
07.22.2011
Romanian authorities will reschedule the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), after a secondary public offering failed to raise enough interest from investors, the more
-
Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources
07.22.2011
Romanian authorities might have to extend or even reschedule a secondary offering for a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), due to a low level of subscriptions, people familiar more
-
OMV: Petrom Gas Sales Up 19% On Year In 2Q
07.22.2011
Romanian leading oil company OMV Petrom (SNP.RO) reported a 19% increase in natural gas sales to 1.05 billion cubic meters in the second quarter, from 0.89 billion cubic meters in the year-earlier more
-
Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed
07.22.2011
Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking more
-
Romania Adds Five Years To Petrom’s Lease On Neptun Block
07.20.2011
The drilling rights of oil company OMV Petrom (SNP.RO) on the Neptun block in the Black Sea have been extended by another five years, according to a Romanian Government decision issued Wednesday. more
-
Economy Minister Confident Petrom SPO Will Be A Success
07.19.2011
Romanian Economy Minister Ion Ariton Tuesday estimated the state’s secondary offering in dominant oil company OMV Petrom (SNP.RO) will be entirely subscribed over the next days, saying he wasn’t more
-
Petrom SPO To Be Resumed Next Year In Case Of Undersubscription
07.19.2011
The secondary listing of a 9.84% stake in oil company OMV Petrom (SNP.RO) will only be resumed next year if the state fails to sell at least 80% of the shares at the minimum price, Finance Ministry more
-
Romania Sets Minimum Price At RON0.3708/Share In Petrom Offering
07.19.2011
The Romanian government on Tuesday set a minimum price of 0.3708 lei (EUR0.087) a share in a secondary offer through which it wants to sell 9.84% of oil company OMV Petrom (SNP.RO), Economy Minister more
-
Small Investors Hardly Interested In Subscribing Petrom Shares
07.19.2011
More people were interested in buying or selling foreign currency and collecting their pensions on Monday than standing in line at those bank wickets where they can subscribe to the largest share more
-
Renaissance Head: We Can Consider Petrom Offering Successful If It Makes Front Page News In FT
07.18.2011
Stephen Jennings, who runs Renaissance Capital, Russia’s largest investment bank and the lead manager of the OMV Petrom (SNP.RO) offering, Saturday said that for him the success of the deal was not more
-
Condmag Wins RON12.5M Pipe Installation Deal With Petrom
07.15.2011
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Friday said it has won a 12.5 million lei (EUR2.9 million) contract to provide pipe installation and connection services to leading oil company more
-
Romania’s Best-Kept Secret: Not Even Boc Knows Petrom’s Subscription Level
07.14.2011
The level of subscription to OMV Petrom’s (SNP.RO) offering, i.e. the number of shares that investors are interested in buying and the prices they pay, is the best-guarded secret in Romania at the more
-
Petrom’s Subscription Level Will Be Known Only After Offering Ends
07.13.2011
The government’s sale offering of Petrom shares, but so far there is no public information on the level of subscription, which will only be known when the offering closes on July 22. more
-
Dafora Inks EUR23M Drilling Services Deal With OMV Petrom
07.12.2011
Romanian oil drilling firm Dafora Medias (DAFR.RO) Tuesday announced it has signed a EUR23 million frame contract with OMV Petrom (SNP.RO), for oil and gas drilling services. more
-
Boc: Government Will Keep Majority In Strategic Companies
07.11.2011
Romanian Prime Minister Emil Boc said Monday that he supports selling minority stakes in companies of strategic importance, such as Trangaz (TGN.RO), Romgaz and Transelectrica (TEL.RO), but the state more
-
Whoever Pays EUR610M First Can Get 9.8% In Petrom
07.08.2011
The government chose to sell the 9.84% in Petrom (SNP.RO) using a novel approach for the Romanian capital market: an auction starting from a maximum price of 0.46 lei (EUR0.11) per share without a more
-
Petrom Announces Potential Significant Gas Find In Oltenia
07.07.2011
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday announced drilling success at its 4539 Totea exploration well in the southwestern region of Oltenia, in what could be the “most important more
-
OMV Petrom Filed Complaint With ECHR Against Romanian Courts
07.07.2011
Romanian oil company OMV Petrom in January filed a complaint with the European Court of Human Rights against Romanian courts, and is involved in a number of cases that, excluding those against its more
-
OMV Petrom To Pay Up To RON31,100 Per Laid Off Employee
07.07.2011
Romanian oil company OMV Petrom (SNP.RO) will pay compensation between 18,360 lei (EUR4,400) and RON31,100 for employees laid off, according to the public offering prospectus written as the government more
-
Romania Sets RON0.46 Price Cap In Petrom Offering; It Could Get EUR610M
07.07.2011
The secondary offer through which the Romanian Economy Ministry wants to sell 9.84% in oil company OMV Petrom (SNP.RO) will start Monday at a maximum price of 0.46 lei (EUR0.11) a share, 15% above the more
-
Romania Could Use Google Approach In Petrom Stake Sale
07.04.2011
Romania could set a maximum price to sell Petrom (SNP.RO) shares instead of a fixed price, and the end price could be set based on buy orders placed by investors, as was the case with Google’s more