Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
http://www.sloveniatimes.com/bsw-timber-s-sawmill-investment-on-track
June 20, 2018 | 06:01AM Politics Photo: Shutterstock ZAGREB, June 20 (Reuters) - Croatian oil group INA said on Wednesday it has decided to buy back a 50 percent stake held by Italy's ENI in a joint venture exploiting 10 gas wells in the northern Adriatic. "The deal confirms Croatia's ambitions to increase domestic gas production," INA senior official Tvrtko Perkovic said. The wells produce 1.5 million cubic metres of gas a day and INA aims to increase output by 400,000 cubic metres per day, Perkovic said. The two companies signed a deal in 1996 to set up the INAgip joint venture which has the exploitation rights until 2036. Tvrtkovic told reporters the details of the transaction are confidential. Croatia imports more than 40 percent of its gas consumption. Its energy ministry recently said it plans to pass a new law on hydrocarbons aimed at boosting exploration, most notably in onshore areas. The newest European Union member, Croatia aims to produce 30 percent of its oil and more than 50 percent of its gas needs domestically by 2030. INA has a market capitalisation of 32.1 billion Croatian kuna ($5.03 billion). In April, Croatia picked a consortium of banks to advise it in the process of buying back 49 percent of INA's shares from Hungary's MOL. Zagreb, which owns close to 45 percent of INA, and MOL, have for several years been at odds over management rights and INA's investment strategy. ($1 = 6.3817 kuna)
Ljubljana, 17th May 2018 - The Report on the Petrol Group’s and Petrol d.d., Ljubljana’s Results for the first three months of 2018 was presented to the Supervisory Board of Petrol d.d., Ljubljana at its 13th meeting held today. In the first three months of 2018, the Petrol Group generated the adjusted gross profit of EUR 102.2 million, a 10 % increase on the same period of 2017. EBITDA totalled EUR 37.7 million, a 15 % increase compared to the same period of 2017. 52 % of the Petrol Group’s EBITDA derived from its sales of oil products. Energy and environmental systems accounted for 21 % of the Group’s EBITDA, sales of merchandise for 17 %, sales of liquefied petroleum gas for 8 %, and other energy sales and trading for 2 % of its EBITDA. The Petrol Group’s net profit amounted to EUR 17.9 million, up 11 % from the same period of 2017. In the first three months of 2018, the Petrol Group sold 729.0 thousand tonnes of oil products, which is 4 % less than in the first three months of 2017, mainly due to lower sales of extra light heating oil substituted by other energy products for heating. The Petrol Group sold 7,354.7 thousand MWh of natural gas, which is significantly more compared to the same period of the previous year, due to the full consolidation of Geoplin d.o.o. The Petrol Group sold 38.3 thousand tonnes of liquefied petroleum gas, up 4 % from the same period of 2017. Revenues from sales of merchandise in the first three months of 2018 amounted to EUR 151.9 million, up 12 % from the figure achieved in the same period of 2017. At the end of March 2018, the Petrol Group operated 494 service stations, of which 317 in Slovenia, 105 in Croatia, 38 in Bosnia and Herzegovina, 12 in Serbia, 11 in Montenegro and 11 in Kosovo. A comprehensive renewal of Petrol’s business information system, necessary to maintain the future competitiveness of the company, is currently in progress. Through the introduction of a new technical information system, Petrol will enable to cities, rural areas and industry quick transition to digitisation and “smart city” based operation. The Smart Home project, designed to carter for the needs of users in their domestic environment, is the first stage in the development of digital solutions, available already in 2018. Payment mechanisms and loyalty systems will be integrated in all services provided by Petrol – a digital payment system was introduced in December 2017 through the mBills Petrol financial service. Sales outlets are being upgraded by installing applications that open new possibilities for customers: “Moj Petrol”, “Na poti” and OneChange are digitally supported solutions that enable checking, ordering and paying with a mobile device. In addition to this, Petrol is very active in e-mobility, introducing the use of new technologies to transport. The Petrol Group will continue with its active sales policy, optimisation of all b
Petrol remains largest company in terms of turnover Business, 28 May 2018 / By STA Ljubljana - The 300 largest Slovenian companies generated a combined EUR 41.7bn in revenue and EUR 1.7bn in profit last year, an increase of 13.5% and 21.4%, respectively, from the year before, shows a survey published by the newspaper Delo on Monday. The list is topped by energy company Petrol. The 300 largest companies generated 44.4% of all revenue in the country or just over three percentage points more than in 2016. Their combined profit accounted for 51.4% of total profit made in the country, which is ten percentage points more than in 2016. The paper's TOP 300 list features the biggest exporters, large retailers and infrastructure companies. In total, they employed 134,774 people or 28% of all people working in the private sector last year. In 2016, the share was 26%. Petrol generated EUR 3.8bn in revenue last year. It is followed by energy group Gen-I with EUR 2.5bn and car assembly plant Revoz with EUR 1.6bn.
Looks like We have movement are they about to take the brakes off GLA
Crazy how the MM's manipulate the share price.
Morning all ,Devious MM's can't buy any at this level.
Thanks Smartlet for replying .
Morning all is anyone else having trouble setting a limited buy /sell on GEO shares,its been over a week that I have not been allowed to use this facility to buy more shares with lloyds share dealing account .
vxrandall Your broker was right.
Morning all Free float of share's gradually getting smaller,Institutions increasing their holdings good sign.GLA
If it was a sell that large would not the SP be down? Instead we are 8%up
Seems like they are trying to fill a order below 22 .