EnglishPort operator Oil Terminal Constanta lasi last month concluded a services contract with SNP Petrom, according to a company press release. The contract is worth 10 million RON and was signed for the period April 1st 2007 - March 31st 2008.
Oil Terminal Constanta reported a net profit of 546.700 RON for the first quarter of 2007, a tenfold decline from 5.31 million RON in the same period last year. Operating revenue totaled 29.33 million RON (8.74 million EUR), falling 17.3% compared with 35.47 million RON in the year-ago quarter. First quarter turnover declined by 17.3%, totaling 29.24 million RON.
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