10.18.2016

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) promoted Dumitru Matei from the position of Board of Directors member to the position of Board of Directors chairman, replacing Bogdan more

10.11.2016

Shareholders of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) approved the share capital increase by RON261 million, to RON319 million, the company said in a statement Tuesday. more

06.16.2016

The volume of crude oil unloaded by KMG International through the offshore terminal out in the Black Sea, operated by Midia Marine Terminal (MMT) company, reached 25.5 million tons since 2009, when more

05.18.2016

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) reported a profit of RON7.09 million in January-March 2016, up 8.56% compared with the year-earlier period. more

02.12.2016

The Petrotel Lukoil refinery has concluded a contract of RON40 million with Romanian oil storage and shipment firm Oil Terminal (OIL.RO), which targets crude oil transportation this year, Oil Terminal more

12.17.2015

Romania's largest company OMV Petrom (SNP.RO) on Thursday said it invested EUR18 million in modernizing the fuel terminal in Cluj (north-western Romania), being the fifth modern fuel terminal more

11.19.2015

Logistics and courier service company DHL Express Romania plans to build a cargo terminal for air freight shipments in Bucharest and is willing to invest EUR10 milion to EUR15 million in it. more

09.15.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to pay the Economy Ministry, the company’s major stockholder, 150 million lei worth of shares in exchange of two lands which will be more

08.25.2015

Switzerland based international grain and fertilizer trader and producer Ameropa announced Tuesday that its subsidiary Chimpex, has received the building permit for its new grain export terminal in more

06.18.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to boost gas and diesel oil trades to Constanta seaport to offset the drop in crude oil imports for European refineries, which are more

06.13.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) forecasts 15% higher revenues in 2015, at RON125 million, as it expects the low oil prices to boost trades of crude oil and gas through more

05.15.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) reported a net profit of RON6.5 million in January-March, 13-fold higher compared to the same period a year earlier, the company said more

03.17.2015

US-held food processing and commodities trading giant ADM has reached an agreement to buy the North Star Shipping and Minmetal grain terminals in Constanta Harbor from Romanian businessmen Liviu more

03.02.2015

Construction works started Monday on a new terminal at the international airport in Iasi, a EUR11 million investment set to be completed in August. more

02.16.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) reported revenue worth RON106.14 million (EUR23.9 million) in 2014, up 4.2% from RON101.83 million a year earlier. more

12.19.2014

Chinese-held grain trader Nidera, one of the ten largest operating in Romania, has completed takeover of United Shipping Agency (USA), the owner of the biggest grain export terminal in the port of more

11.20.2014

State-run harbor operator Oil Terminal (OIL.RO) wants to develop as a center of oil and fuel trade in the Black Sea region, in an attempt to boost the business that has been flat for four years and more

11.14.2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) switched to a net profit of RON117,000 in January-September, from RON6.4 million loss in the same period a year earlier, the company said more

08.22.2014

The pipeline that was supposed to connect Constanta harbor to Central Europe refineries is still just a project on paper, so that the future of harbor operator Oil Terminal is still tied, at least on more

08.14.2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Thursday said its sales rose 4% to 50.9 million lei (EUR11.4 million) in January-June, from RON48.9 million in the corresponding period a more

06.02.2014

UK’s PayPoint, which operates a network of more than 8,000 terminals enabling users to pay various bills across Romania, plans to expand with new online and mobile payment processing services after more

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