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Norex wants to enter Paramo

Article Abstract:

Norex Petroleum (NP) (Canada), petroleum group, plans to acquire the petrochemical firm Paramo (Pardubice, Czech Republic) in 2000. NP would like Paramo to specialize in VAT products. It wants to ensure stable petroleum supplies for Paramo from the Siberian deposits of its subsidiary Yugraneft (Russia). NP saw a total turnover of 230 mil USD in 1999.

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
Paramo A.S., Norex

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Paramo reports loss

Article Abstract:

Paramo (Pardubice, Czech Republic), petroleum refining company, saw a loss of CEK 148.4 mil in 1-3Q 2000. During 1-3Q 1999 the company generated a gross profit of CEK 92.4 mil.

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000

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