Tirex-Petrol gets new majority owner

Tirex-Petrol gets new majority owner

Published at: 2019-10-09 10:02 | Author: CIJ Serbia
In a deal worth €10.2m, Tirex-Petrol, one of the largest oil importers and traders on the Moldovan market, has a new majority owner. The buyer, whose name was not disclosed, acquired a 95.5-percent holding in the company. Tirex-Petrol’s net profit more than triple in 2018 from the previous year, according to local news reports. The company is involved in the trade of petroleum products and liquefied gas in Moldova.

Similar Stories:

Low fuel prices on the world market affect on prices in Serbia
Low crude oil worldwide are having an immediate effect on Serbian fuel prices. Between Jan  »
In north Serbia new windfarm to be build
Maestrale Ring, a Belgrade-based company, will build a major wind turbine facility in nort  »
Largest solar power plant in Europe going up in Montenegro
The largest solar power plant in Europe is currently under construction in Birska Gora nea  »
Hungary to continue cooperation with Gazprom
Gazprom will continue to supply gas to Hungary, according to Minister of Foreign Affairs a  »
Energoprojekt as investor is obliged to build a 40,000 sqm railway station, which includes   »