Azeri state company paid 2 million dollars for 15 gas stations Romtranspetrol - financiare.ro
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News » June, 2011 » 7 June 2011

Azeri state company paid 2 million dollars for 15 gas stations Romtranspetrol
07.06.2011, 17:58 | Energy | 830 views



The 15 Romtranspetrol gas stations bought by the Azeri state company SOCAR at the beginning of the year cost 2 million dollars, SOCAR VP Suleyman Gasimov declared at Baku quoted by the Azeri newspaper. He said SOCAR will invest another 7 million dollars in developing the network of gas stations in Romania.

SOCAR, the Azeri state company made a surprising acquisition on the Romanian market in early 2011 when it purchased 90% of the shares of Romtranspetrol a company owned by businessman Iulian Berescu.

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