How Come Petrom’s Profit Margins Are Higher Than ExxonMobil And BP’s?

02.24.2012 By Roxana Petrescu

Petrom, the largest company in Romania, left the market in awe on Wednesday when it announced EUR887 million in net profit against EUR5.3 billion revenue. With these financial indicators, Petrom has become a twice more profitable company than giants ExxonMobil and BP and is looking down on the margins of Italy’s Eni and the net margin of its Austrian owner, OMV.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: PETROM; , RESULTS; , OIL; , PROFIT; , EXXONMOBIL; , BP

Comment

Username:
Password: