New gas interconnection project with Ukraine - Romania, 20 March 2018  |  OMV Petrom CEO change comes into force on 1 May - Romania, 20 March 2018  |  A2A’s stake in EPCG to be paid in two years - Montenegro, 20 March 2018  |  Hungary has gas reserves for few days only - Hungary, 20 March 2018  |  PannErgy recorded higher profit in 2017 - Hungary, 20 March 2018  |  Upgrade of Revythoussa LNG terminal will shut it down for 3 months - Greece, 20 March 2018  |  Israeli Clal acquired 10 % stake in Energean - Greece, March 20 2018  |  EVN insists on higher electricity prices as of 1 July - Bulgaria, 20 March 2018  |  CEZ expects 390 million euros from the sale of its Bulgarian assets - Bulgaria, 20 March 2018  |  Bulgartransgaz agreed to buy South Stream Bulgaria assets - Bulgaria, 20 March 2018  |  Accumulated loss of Brod refinery surpassed 300 million euros - Bosnia and Herzegovina, 20 March 2018  |  HET recorded loss in 2017 - Bosnia and Herzegovina, 20 March 2018  |  Net electricity production amounted to 14,472 GWh in 2017 - Bosnia and Herzegovina, 20 March 2018  |  Kosovo to solve energy dispute with Serbia - Region, 20 March 2018  |  TPP Sostanj unit 6 back online - Slovenia, 19 March 2018  |  NPP Krsko production in February - Slovenia, 19 March 2018  |  Gastrans published a call for expression of interest in gas pipeline capacity reservation - Serbia, 19 March 2018  |  EDF interested in hydro projects in Serbia - Serbia, 19 March 2018  |  Romgaz estimates gross profit of 343 million euros for 2018 - Romania, 19 March 2018  |  38.8 million euros collected from trading greenhouse gas emissions certificates in February - Romania, 19 March 2018

Best financial result for KMGI in 20 years – Romania, 7 November 2017

KMG International (KMGI), the former Rompetrol group, recorded a net profit in the amount of 77.2 million dollars in the first nine months of this year, which is six times more than in the same period of last year.
The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 24 %, reaching 180 million dollars, while gross turnover increased by 28 % to 6.4 billion dollars. These are the best financial results in the group’s 20-year history and were made possible due to record operational indicators.

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