Tag: Finacial

CEZ subsidiaries skipped dividends for 2020 – Bulgaria, 28 June 2021

Shareholders of CEZ Distribution Bulgaria, electricity distribution subsidiary of Czech energy company CEZ, approved the management’s proposal to skip dividend distribution for 2020 and fully retain last year’s profit. The […]

Petkim posts 36 % rise in Q3 2020 profits – Turkey, 06 November 2020

Turkish petrochemical company Petkim increased its profit by 36 % to 36 million dollars in the third quarter of 2020 compared to the same period last year. A subsidiary of […]

FP to sell 3 % stake in OMV Petrom – Romania, 17 September 2020

The largest Romanian private investment fund Fondul Proprietatea (FP) said that it is planning to sell 3 % stake in oil and gas company OMV Petrom. The offer was increased […]