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February 13, 2016 11:56 PM ET

Chemicals

Company Overview of Societatea Nationala a Sarii SA

Company Overview

Societatea Nationala a Sarii SA produces granule and re-crystallized salt and salt solutions. The company is based in Bucharest, Romania.

Calea Victoriei 220

Sector 1

Bucharest,  

Romania

Phone:

40 21 317 8981

Fax:

40 21 312 9569

Key Executives for Societatea Nationala a Sarii SA

Societatea Nationala a Sarii SA does not have any Key Executives recorded.

Societatea Nationala a Sarii SA Key Developments

Fondul Proprietatea Seeks To List Societatea Nationala

SC Fondul Proprietatea SA (BVB:FP) is pushing to get to Societatea Nationala a Sarii SA listed.

MoE May Make Offer For Salrom

SC Fondul Proprietatea SA (BVB:FP) may sell stake in Societatea Nationala a Sarii SA (Salrom). Ministry of Economy (MoE) expects to make an offer, should Fondul Proprietatea decide to sell its stake in Salrom. According to the Ministry of Economy, Mihai Tudose, the state may be interested in acquiring the 49% stake in Salrom. Fondul Proprietatea intends to get Salrom listed on the stock exchange, but the state is against selling or listing Salrom. Fondul Proprietatea has evaluated the 49% stake in Salrom at RON 142 million.

Societatea Nationala a Sarii SA Reports Earnings Results for the Year 2014; Provides Earnings and Dividend Guidance for the Year 2015

Societatea Nationala a Sarii SA reported earnings results for the year 2014. For the year, the company reported total revenue of RON 316.2 million, operating profit of RON 46.7 million and net profit of RON 39.1 million compared to total revenue of RON 326.9 million, operating profit of RON 48.8 million and net profit of RON 42.8 million reported in the same period last year. For the year 2015, the company expects to report total revenue of RON 324.6 million, operating profit of RON 47.0 million and net profit of RON 40.2 million. For the year 2015, the company reported dividend guidance of RON 37.0 per share compared to RON 20.9 per share declared last year.

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