EnglishOil Terminal Constanţa nearly tripled its profits compared to 2009, according to the financial statement sent to the Bucharest Stock Exchange. The company which specializes in storage, conditioning and shipping of crude, diesel oil, and other liquid commodities for import, export and transit reached 2.24 million lei in 2010, up from 783,500 lei in 2009.
The company"s turnover advanced 4.3% in 2010, from 127.48 million lei in 2009 to 132.87 million lei.
The company is controlled by the state, through the Ministry of the Economy, which holds 59.62% of the shares, whereas the Proprietatea Fund holds 10% of the shares.
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