![](https://cdn.cursdeguvernare.ro/wp-content/uploads/2017/05/omv-petrom-300x215-300x215.png)
Oil price increase, cost and investment cuts, as well as „pole tax” elimination doubled net profit of OMV Petrom in first quarter compared to Q1/2016
OMV Petrom (stock symbol SNP) posted a net profit of 619 million lei (attributable to shareholders), 113% higher in the first quarter of 2017 than