Conpet S.A.

Company Description

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S.C. CONPET S.A. is operating as a joint stock company, as per Companies Law no. 31/1990 and is a publicly held company, according to the terminology stipulated by Law no. 297/2004 regarding the capital market.

The core business of S.C. CONPET S.A. is the transport through pipelines and by rail of the domestic and import crude, rich gas, condensate and liquid ethane to the refineries in Romania. In compliance with the provisions of Law no. 238/2004 (Oil Law), the National Pipeline Transport System is State public property. S.C. CONPET S.A. is the concessionnaire of the National Transport System, quality acquired pursuant to the conclusion, with NAMR, in 2002, of the Oil Concession Agreement for a period of 30 years, approved pursuant to GD no. 793/25.07.2002.

Year founded

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1901

Served area

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Romania

Headquarters

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Str. Anul 1848, nr. 1-3, 100559 Prahova – Romania

Shares outstanding

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8,657,528

IPO

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Aug. 4, 2004

Stock exchange(s)

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Bucharest Stock Exchange