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OIL TERMINAL S.A. - OIL

Information regarding fiscal and Customs alterations with impact on revenues

Release Date: 1/11/2019 6:05:00 PM

IRIS Code: CE9CA

NO. 28 / 11.01.2019

   TO:

  • BUCHAREST STOCK EXCHANGE                

FAX: 021/2569276

  • FINANCIAL SURVEY AUTHORITY

FAX: 021/6596051

 

 

CURRENT REPORT

According to ASF Regulation no.5/2018

Report day: 11.01.2019

 

 OIL TERMINAL S.A.Constanta

 Headquarter: no.2, Caraiman str., Constanta

 Phone: 0241/702600, fax: 0241/694833

 Registering number at Commerce Registrar: J13/512/1991

 Unique register number: 2410163

 

Important event to be reported: Information regarding fiscal and Customs alterations with impact on OIL TERMINAL’ revenues

 

OIL TERMINAL informs its shareholders and investors that, following the Order no.3236/27.12.2018’ coming into force, order issued by National Agency of Fiscal Administration, oil products trades’ authorization terms have been altered, a part of Oil Terminal’ clients not being able to fulfill the new techical terms of re authorization imposed by this order.

 

Therefore, the economic operators trade authorizations, including the authorizations of those loading energetic products in trucks according a contract of services supplies in Oil Terminal SA,cease their availability since 31.01.2019.

 

Since 01.02.2019, the activity of gas oil loading into trucks in Oil Terminal SA will be sustantially reduced, fact determining a 3 – 4% revenues decrease in the company’ turnover.

 

 We remind that, Oil Terminal started the necessary steps to get the authorization for global guarantee use, according to legal provisions, waiting for the Customs General Direction to communicate the necessary value to be guaranteed.

 

General Director,

Sorin CIUTUREANU

 

 

Development Director,                                   

Marieta STASI                                             

 

 

Chief of Shareholding – Communication Dept.

Sofia ZAGANEANU

 



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