05.14.2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Wednesday said it has swung to a first quarter net profit, helped by a 15.8% increase in sales. more

04.02.2014

Romania’s largest oil company OMV Petrom (SNP.RO) has completed an investment of around EUR18 million in upgrading its fuel terminal in the northeastern city of Bacau, the company said Wednesday. more

02.17.2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Monday said its revenue fell 7% on the year in 2013, to 101.83 million lei (EUR23 million), from RON109.52 million a year earlier. more

01.27.2014

Shareholders of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Monday elected engineer Dan Codescu as chairman of the board of directors. more

12.20.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Friday elected a new board of directors by cumulative voting, the company said in a statement. more

12.02.2013

Romania’s second largest oil group Rompetrol Monday said it has fully recovered a $100 million investment in its Midia Marine loading terminal at the Black Sea. more

11.11.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Monday said it has switched to a loss of 6.42 million lei (EUR1.44 million) in the first nine months of 2013, versus profit a year earlier, more

08.12.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) registered loss of 4.5 million lei (about EUR1 million) in the first half of the year, from net profit of RON0.22 million in the similar more

07.22.2013

U.S. agri-food company Cargill and freight transport company Transport Trade Services (TTS) will invest EUR15 million in extending grain terminal Canopus Star in the Port of Constanta. more

05.10.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its first-quarter loss widened 86% on the year to 2 million lei (EUR0.46 million), on lower sales. more

02.28.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Thursday said its net profit stood at 540,000 lei (EUR121,000) in 2012, flat on the year, despite a 3.6% decrease in net turnover. more

11.28.2012

Romanian OMV Petrom (SNP.RO), the largest oil and gas company in Southeastern Europe, opened Tuesday a fuel terminal in Isalnita, some 240 km west of Bucharest, following a EUR26 million greenfield more

11.09.2012

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its sales fell 8% on the year to 81.1 million lei (EUR18.3 million) in the first nine months, due to lower demand for petroleum more

11.06.2012

The Managing Board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Tuesday convened a meeting of shareholders to vote on the dismissal of board members Anca Elena Marica and Mara more

10.31.2012

The new departures terminals at Otopeni airport will become operational November 6, following a EUR52 million investment, the company’s communications manager Valentin Iordache told a news more

08.10.2012

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said first-half sales slid 6.4% on the year to 52.75 million lei (EUR12 million), due to lower demand for petroleum products. more

07.20.2012

Most companies under the authority of the Romanian Economy Ministry spent money illegally over the past years, Economy Minister Daniel Chitoiu said Friday. more

07.05.2012

Sorin Viorel Ciutureanu, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down less than a month after being appointed and has been replaced with more

06.11.2012

Andrei Todea, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down and has been replaced in an acting capacity with Sorin Viorel Ciutureanu, the more

05.25.2012

Andrei Barbu Todea announced plans to step down from his position of Chairman of the Board at Romanian oil storage and shipment firm Oil Terminal (OIL.RO), the company said in a statement Friday. more

05.11.2012

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said it has switched to a loss of 1.1 million lei (EUR0.25 million) in the first quarter, versus profit a year earlier, hit by low more

04.10.2012

Romanian Transport Minister said Tuesday it approved a EUR2 million EU-funded project to develop an intermodal transport system at the Cluj Napoca International Airport, northwestern Romania. more

03.12.2012

Two thirds of the some 1,200 employees at Romanian harbor operator Oil Terminal Constanta (OIL.RO) went on general strike Monday morning, claiming pay hikes, according to union leaders. more

02.14.2012

Management at Romanian state-owned harbor operator Oil Terminal (OIL.RO) decided to reduce working hours to four days per week, coupled with pay cuts, in order to cut costs. more

01.04.2012

German logistics service provider ARS Altmann builds in Arges county, southern Romania, a car terminal with access to the railway network, which will serve as a temporary storage point to avail more