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Romania's Compania Energopetrol put into insolvency

Romania's Compania Energopetrol put into insolvency

BUCHAREST (Romania), October 8 (SeeNews) - Romanian producer of equipment for the oil industry Compania Energopetrol [BSE:ENP] said on Tuesday a court in the southern county of Prahova has placed it into insolvency.

The court has appointed Andrei Ioan IPURL as Energopetrol's receiver, the company said in a statement sent to the Bucharest Stock Exchange.

Compania Energopetrol posted a net loss of 1.8 million lei ($551,000/406,000 euro) in the first half of 2013.

(1 euro = 4.4333 Romanian lei)

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