Oil Terminal obtained, in the first quarter of 2024, a net profit of RON 28.43 million, 21.5% higher than in the same period last year, according to financial data sent on Monday to the Bucharest Stock Exchange.The gross profit amounted to RON 33.2 million, higher by RON 26.9 million compared to the budgeted level for this period because the physical program approved for the first 3 months of the year was exceeded by 23.7%, which generated an increase in revenues. Total realized revenues increased by 20.7% and total recorded expenses decreased by 8.6%The turnover achieved in the first quarter of 2024 is RON 112.567 million. Compared to the previous year, an increase of RON 26.952 million was achieved.Oil Terminal, with 125 years of experience in the field, occupies a strategic position in the Black Sea area, being the largest oil terminal operator of petroleum products in southeastern Constanta Port, the main activity of which includes providing services regarding the receipt, loading, unloading of oil, petroleum, petrochemical, chemical liquid products as well as other finished products or liquid raw materials for import, export and transit.Constanta's oil terminal is located in southeastern Europe, at the crossroads of shipping lanes between Asia, Central and Western Europe and the Near East.The main shareholder is the Romanian state, through the Ministry of Energy, with 87.76% of the shares.
The restructuring plan laid out by Liberty Galați was validated by the Galați Court on Friday, August 1, after having been approved by 52% of the ailing plant’s creditors last month. The plan, approved by creditors and confirmed by the Galați Court, sets out firm measures to restructure both the company’s operational activity and the […]
Animest, Romania’s leading animation film festival, returns to Bucharest this autumn with a special 20th anniversary edition. Running from October 3 to 12, the festival invites audiences to explore the theme of "the journey” - a metaphor for both its two-decade history and the personal, emotional paths traced through animated storytelling, the organizers said. Last […]
An article delving into the benefits of hydrotherapy, published by the famous US newspaper The New York Times, features a recommendation for six wellness centers, including Romania’s Therme center. According to the article, “studies show that immersion in water, hot or cold, can calm the nervous system, reduce joint pain and inflammation, stimulate circulation, lower […]
Plastic surgeon Tiberiu Paul Neagu, head of the Burns Center at Floreasca Hospital, one of the major hospitals in Bucharest, was dismissed on Monday, August 4, after a patient was transferred to Belgium following multiple multi-resistant hospital-acquired infections. The scandal broke out when a patient with burns over 70% of her body, who had been […]
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
One United Properties (BVB: ONE), a publicly listed developer that has so far been focused on Bucharest, announced the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu. The site, located on the former FLARO industrial platform, offers significant potential for urban regeneration, according to company […]
