Ziarul Financiar<\/a>.<\/p>\nDuring this interval, the Pav\u0103l brothers\u2019 investment vehicle collected dividends. Conpet granted last year an aggregate dividend of RON 6.76\/share, the largest dividend at the BVB, representing roughly 7%. The amount came to RON 4.34 million.\u00a0<\/p>\n
Pav\u0103l Holding is not the only important seller. Also reducing its stake below the 5% reporting threshold was Lion Capital (BVB: LION).\u00a0<\/p>\n
Romania\u2019s Energy Ministry holds a 58.7% stake in Conpet.<\/p>\n
In the first 3 quarters of 2025, Conpet registered a net turnover of RON 422.06 million, up by 5.05% compared to RON 401.77 million in the similar period last year, and at the same time increased its pre-tax EBITDA earnings by 11.36%, to RON 113.96 million, from RON 102.33 million.\u00a0<\/p>\n
In this time, the company registered revenues of RON 476.10 million, 4.15% higher than the RON 457.12 million in the previous financial year. This is a performance achieved despite a decline of 5.38% in the quantities of oil transported, which amounted to 5.06 million tons.<\/p>\n
In the same reporting interval, operating expenses advanced by 2.79%, to RON 425.36 million, from RON 413.81 million. Under these conditions, net profit increased by 19.51%, to RON 47.95 million, from RON 40.12 million in the first 3 quarters of 2024.<\/p>\n
As of September 30, Conpet\u2019s total assets amounted to RON 850.65 million, being 0.34% lower than the RON 853.55 million. In the same period, total liabilities increased by 10.73%, to RON 136.04 million, from RON 122.86 million.\u00a0<\/p>\n
COTE shares did not show major price movements subsequent to the sale. As a result, investors do not perceive the Pav\u0103l brothers\u2019 sales as an immediate negative signal.<\/p>\n
radu@romania-insider.com<\/a><\/em><\/p>\n(Photo source: Conpet SA on Facebook)<\/em><\/p>","protected":false},"excerpt":{"rendered":"The Pav\u0103l brothers, the owners of DIY chain Dedeman, sold part of the shares they had in Conpet Ploie\u0219ti (BVB: COTE), the operator of the national crude oil pipeline transport system. The sales were carried out at the beginning of this year at prices slightly below the threshold of RON 80\/share. The brothers reduced their […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8539","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/8539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8539"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/8539\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}