BUCHAREST May 12 - Here are news stories, pressreports and events to watch which may affect Romanian financialmarkets on Thursday.
TURKMEN PRESIDENT IN ROMANIA
Turkmen President Gurbanguli Berdimuhamedov is on a two-dayvisit to Romania and is expected to meet President TraianBasescu and other Romanian officials.
PETROM Q1 NET PROFIT RISES ON OIL PRICE
christian louboutin glittered platform, COST CUTS
Romania's top oil and gas company Petrom SNPP.BX, majoritycontrolled by Austria's OMV (OMVV.VI)
blue studded pumps , posted a 4.6 percent risein first-quarter net profit on Wednesday, due to higher oilprices and cost cuts. [ID:nLDE74A033]
* Petrom had investments of 633 million lei ($223.1 million)in the first quarter, down 12 percent on the year.
Ziarul Financiar
blue studded pumps , Page 8
* The company also said shareholders were not asked to renewan approval to hike Petrom's capital. Adevarul, Page 20
TRANSELECTRICA
Romania's economy minister appointed Horia Hahaianu as thenew head of state-owned power grid operator TranselectricaTSEL.BX, replacing former director Stelian Gal.
Since taking his post more than half a year ago
blue studded pumps , the economyminister has replaced several heads of state-owned energycompanies, mirroring similar moves by his predecessors.
NO CONFIDENCE MOTION
Opposition Social Democrats and Liberals may file a new noconfidence motion against the centrist coalition government inJune. Adevarul, Page 7
NOTE- For a diary of forthcoming Romanian events, doubleclick [RO/DIARY], and a calendar of east European economicindicators
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