9 MONTHS RESULTS REPORT, 2018

November 16, 2018

OVER 115 YEARS OF EXPERIENCE

DISCLAIMER

2

•This presentation called Results Report 9 Months 2018” is

prepared by CONPET S.A. (“CONPET”) with the purpose of

presenting the operational and financial results of CONPET to

the investing public (shareholders, creditors, analysts, financial

media), thus bearing a strictly informative nature. The

presentation was realized exclusively for information and is not

a buy/sale offer, nor an inquiry for the buy/sale of the shares or

the financial instruments, nor an invitation to take part to a

commercial partnership. The presentation does not stand for

an offer or a buy invitation or shares subscription and no

information contained herein shall set the grounds the

conclusion of an agreement, engagement or investment

decision.

•The detailed financial statements and the report prepared

pursuant to the requirements of FSA (The Financial

Supervision Authority) are made available on the company’s

website www.conpet.ro.

•The reporting period is January 1, 2018 – September 30,

2018.

•The financial statements at September 30, 2018 have been

audited and have been prepared in compliance with the

International Accounting Standard 34 – “Interim Financial

Reporting” (IFRS) adopted by the European Union.

•The Presentation may not be copied, distributed, directly or

indirectly delivered to any person for any purpose, in absence

of CONPET’s knowledge and consent. The copy, submission,

distribution or delivery of this Presentation to any person of

any jurisdiction is subject to certain lawful restrictions and the

persons who might have received or have received this

presentation shall become acquainted with these restrictions

and observe them. The failure to comply with these

restrictions may be interpreted as breach of the

applicable laws.

• This Presentation does not contain a complete and exhaustive

financial or commercial analysis of CONPET, nor does it provide

views and forecasts in a complete and exhaustive manner.

CONPET conducted the Presentation carefully, but there might be

some inconsistencies or omissions. Therefore, it is recommended

that any person who intends to make an investment decision

regarding CONPET equities should rely solely on the information

provided by means of a formal communication of CONPET, in

accordance with the legal provisions that are binding on CONPET.

•CONPET and the managers or the representatives thereof shall

have no liability in relation to the Presentation. Moreover, no

information contained in the Presentation shall constitute an

obligation or legal engagement of CONPET, its managers or

shareholders.

Presentation financial results

9 months 2018

1. Interim financial results

2. Factors having influenced the transport revenues

3. Factors having influenced the operating expenses

4. Profitability of the transport subsystems

5. Main economic-financial indicators

6. Investments

7. Stock market performance

8. Annexes

4

7

8

9

10

11

17

13

308.6 / 308.1 mil. lei ▲ 0.2%

OPERATING REVENUES, o/w:

280.1 / 278.9 mil. lei ▲ 0.4%

TRANSPORT REVENUES

260.6 / 240.8 mil.lei ▲ 8.2%

OPERATING EXPENSES

81.3 / 100.7 mil. lei ▼ 19.2%

EBITDA

43.7 / 58.9 mil. lei ▼ 25.7%

NET PROFIT

4

The operating revenues increased by 0.2% following the increase in transport revenues by 0.4%, from 278.9 m Lei to

280.1 m Lei .

The operating expenses increased by 8.2% being determined by 12.5% higher expenses with energy and

gas and 23% higher personnel expenses. The two categories of costs account for 43%

The net profit of 43.7 mLei decreased by 25.7% compared to the net result of the similar period of 2017. The downward trend was determined by the increase in

operational expenses.

Higher wages since the beginning of the year and higher prices for goods and services have had an unfavorable impact on costs, and the increased tariffs that included these growths

were approved by ANRM much later than the company estimated (about 79 days).

9 month 2018 / 9 month 2017

1. INTERIM FINANCIAL RESULTS 9 months 2018

5

Operating revenues increased by 0.2%

compared to the first nine months of

2017, driven by a 0.4% increase in

transport revenue.

The company recognizes, on a monthly

basis, in the operating revenues the

reserves - modernization quota at the

level of the amortization of the tangible

assets financed from this quota. In 2018

first 9 months, the revenues related to

the modernization quota were lower by

1.0 mRON, as compared to the same

period 2017.

Indicators (mRON)9 months

2018

9 moths

2017

Changes

2018/2017

mRON %

Revenues from transport services 280.1 278.9 +1.2 ▲ 0.4%

Rental revenues 1.1 1.0 +0.1 ▲ 5.9%

Other turnover revenues 2.5 2.6 -0.1 ▼ 3.4%

TURNOVER 283.7 282.5 +1.2 ▲ 0.4%

Write-back of the reserve

established based on the expenses

with the modernization quota

21.5 22.5 -1.0 ▼ 4.4%

Other operating revenues 3.4 3.1 +0.3 ▲ 9.4%

TOTAL OPERATING REVENUES 308.6 308.1 +0.5 ▲ 0.2%

1. INTERIM FINANCIAL RESULTS 9 months 2018

1.1 OPERATING REVENUES

9 months 2018 / 9 months 2017

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

140.0%

9 months2018

9 months2017

1.5% 1.3%

19.9%15.7%

78.6%83.0%

Other clients Lukoil OMV Petrom

SHARE IN TURNOVER (%)

CLIENTS

9

months

2018

9

months

2017

Changes

2018/2017

mRON %

223.0 234.4 -11.4 ▼ 4.8%

56.5 44.3 +12.2 ▲ 27.5%

OTHER CLIENTS 4.2 3.8 +0.4 ▲ 10.5%

TOTAL TURNOVER 283.7 282.5 +1.2 ▲ 0.4%

TURNOVER-CLIENTS (mRON)

1.2 TURNOVER BY CLIENTS

9 months 2018 / 9 months 2017

6

Turnover (mRON)

283.7 282.5

1. INTERIM FINANCIAL RESULTS 9 months 2018

62.5 64.6

217.6 214.3

280.1 278.9

2,439 2,3402,637 2,670

5,076 5,010

4,832148

4,862

148

2. FACTORS HAVING INFLUENCED THE TRANSPORT REVENUES

9 months 2018 / 9 months 2017

9 months 2018 9 months 2017

2,192

244

2,195

9 months 2018 9 months 2017

244

2.4

60.1

5.0

275.1

1.4

63.2

276.1

2.8

2.6

215.0 212.9

1.4

-33 thousand tons ▼ 1.2%

QUANTITIES TRANSPORTED ON THE DOMESTIC

SUBSYSTEM

+3 thousand tons ▲ 1.3%

QUANTITIES TRANSPORTED ON THE IMPORT SUBSYSTEM

+96 thousand tons ▲ 64.9%

OTHER TRANSPORT OPERATIONS

+2.1 mRON ▲ 1.0%

REVENUES FROM TRANSPORT ON THE DOMESTIC

SUBSYSTE

-3.1 mRON ▼ 4.9%

REVENUES FROM TRANSPORT ON THE IMPORT

SUBSYSTEM

+2.2 mRON ▲ 78.2%

OTHER TRANSPORT OPERATIONS

7

TRANSPORTED QUANTITIES

thousand

tons

mRON

TRANSPORT ON THE IMPORT SUBSYSTEM

TRANSPORT ON THE DOMESTIC SUBSYSTEM

OTHER CRUDE OIL TRANSPORT

OPERATIONS

TOTAL TRANSPORT

The charged quantities transported on the Import subsystem

were higher by 3 thousand tons, but the revenues obtained

from the transport of these volume did not compensate the

decrease of the revenues from the transport on the Domestic

subsystem, which was triggered by 33 kTons lower quantities

transported on this subsystem.

TRANSPORT REVENUES

8

Indicators (mRON)

9

months

2018

9

months

2017

Changes

2018/2017

mRON %

Material expenses 4.9 4.7 +0.2 ▲ 5.2%

Expenses with energy , gas

and water8.0 7.1 +0.9 ▲12.5%

Personnel expenses 104.0 84.5 +19.5 ▲23.0%

Expenses related to the

amortization of the tangible

and intangible assets

33.3 33.4 -0.1 ▼ 0.4%

Expenses with the crude oil

rail transport41.3 42.0 -0.7 ▼ 1.7%

Oil royalty 21.7 21.5 +0.2 ▲ 0.7%

Modernization quota

expenses33.9 39.2 -5.3 ▼13.3%

Other operating expenses 13.5 8.4 +5.1 ▲58.8%

Total operating expenses 260.6 240.8 +19.8 ▲ 8.2%

3. FACTORS HAVING INFLUENCED THE OPERATING EXPENSES

9 months 2018 / 9 months 2017

The increase in prices with energy and gas

triggered, in 2018, 12.5% increased expenses

with their procurement.

The salary increases awarded starting with

01.01.2018 as per the approved Collective Labor

Agreement determined an increase by 23% of

the personnel expenses.

9

4. PROFITABILITY OF THE TRANSPORT SUBSYSTEMS

9 months 2018 / 9 months 2017

Indicators

Variation 9 months 2018 / 9 months 2017

Domestic

Subsystem

Import

Subsystem

Total

subsystems

Transport profit ▼ 28.5% ▼ 24.6% ▼ 26.9%

Transport revenues ▲ 1.6% ▼ 3.3% ▲ 0.4%

Transport expenses ▲ 7.5% ▲ 8.3% ▲ 7.6%

214.3

217.6

179.0

192.4

35.3

25.2

5.0 105.0 205.0

9 months2017

9 months2018

64.6

62.5

41.8

45.3

22.8

17.2

5.0 105.0 205.0

9months

2017

9months

2018

278.9

280.1

220.8

237.7

58.1

42.4

5.0 105.0 205.0

9months

2017

9months

2018

DOMESTIC

SUBSYSTEM

IMPORT

SUBSYSTEMmRON

TOTAL

SUBSYSTEMS

Transport Profit

Transport Revenues

Transport Expenses

5. MAIN ECONOMIC ANF FINANCIAL INDICATORS

9 months 2018 / 9 months 2017

10

Indicators9 months

2018

9 months

2017

Sales gross margin 18.3% 24.7%

Gross profit rate 16.6% 22.5%

Return on equity 6.8% 8.9%

Net profit per share(RON/share) 5.05 6.23

EBITDA margin 28.7% 35.6%

6.8%

18.3%

24.7%

16.6%

8.9%

22.5%

28.7%

35.6%

9 months 2018

9 months 2017

EBITDA

margin

Return on equity

rate

Gross profit rateSales gross

margin

57.5

38.1

51.8

24.4

0.0

20.0

40.0

60.0

80.0

9 months 2018 9 months 2017

Programat Realizat

53.4

30.3

49.2

18.8

0.0

20.0

40.0

60.0

80.0

9 months 2018 9 months 2017

Programat Realizat

4.17.8

2.6 5.6

0.0

20.0

40.0

60.0

80.0

9 months 2018 9 months 2017

Programat Realizat

6.INVESTMENTS

6.1 EVOLUTION OF THE ACHIEVED INVESTMENTS9 months 2018 / 9 months 2017

11

mRON mRON

TOTAL

INVESTMENTS

PUBLIC DOMAIN OPERATING DOMAIN

mRON

12

The value of the expenses related to the investment objectives proposed in 2018-2020

Investments Program is:2

01

8

76.6 mRON

20

19

80.1 mRON

20

20

79.6 mRON

The investment program for 2018, in total amount of 76.6 mRON, includes:

Pipeline replacements 20.1 mRON;

Safe disposals 11.1 mRON;

Modernization and monitoring of the cathodic protection system 5.2 mRON;

Pilot system for detection and location of oil leaks 2.2 mRON;

Tanks modernization 16.4 mRON;

SCADA system optimization and hardware and software upgrade of remote transmission units 3.2 mRON;

Other objectives 18.4 mil. lei.

2018

6. INVESTMENTS

6.2 INVESTMENTS PROGRAM 2018-2020

0

10000

20000

30000

40000

50000

60000

70000

80000

70

80

90

100

110

120

130

140

The evolution of COTE share (RON) vs. BET index (rebased)

January – September 2018

13

7.1 LATEST PROGRESS AND CORPORATE EVENTS

7. STOCK MARKET PERFORMANCE

trading volume

Stock Market Capitalization

Share price : 99.5 lei

Jan. 2018 Sep. 2018

Share price : 85.8 lei

Market capitalization : 861 mil. lei Market capitalization : 743 mil. lei

0.54

0.72

0.90

1.04

1.64

1.69

2.80

4.99

8.04

45.38

ALRO S.A.

SOCIETATEA ENERGETICA ELECTRICA S.A.

S.N. NUCLEARELECTRICA S.A.

TRANSILVANIA BROKER DE ASIGURARE

BRD - GROUPE SOCIETE GENERALE S.A.

BURSA DE VALORI BUCURESTI SA

TRANSILVANIA CONSTRUCTII SA

S.N.G.N. ROMGAZ S.A.

CONPET SA

S.N.T.G.N. TRANSGAZ S.A.

7.2 EVOLUTION OF COTE SHARE VS. STOCK MARKET INDICES (REBASED) IN WHICH IT IS

INCLUDED (JAN. – SEP. 2018)

CONPET S.A.

7.43 %6.2 %

7.72 %9.26 %

26.56 %

8.94%

2013 2014 2015 2016 2017 2018

70

80

90

100

110

120

130

COTE BET-BK BET-NG BETPlus BET-TR BET-XT BET-XT-TR

14

7. STOCK MARKET PERFORMANCE

Dividend Yield (%)

At the calculation of the dividend yield was considered the stock yield

from the last day of every year.

Top dividends distributed by the companies in 2018 (RON)

7.3 INCLUSION IN THE FTSE INDEX

7. STOCK MARKET PERFORMANCE

15

On 20.06.2018, FTSE Russell has decided to include CONPET S.A. in

the FTSE Frontier Markets Index. FTSE Russell is one of the largest

financial rating agencies worldwide. It provides financial data for

international investors, performs and annually reviews countries'

classification, in terms of capital markets, in the four categories -

developed capital markets, advanced emerging capital markets,

secondary emerging capital markets and frontier capital markets by

analyzing 21 criteria falling under the regulatory framework, custody and

settlement, trading framework, and derivative operations.

The FTSE Frontier Markets index tracks the evolution of border markets and is made up of about 400

companies. FTSE Frontier has reported a return of approximately 21% over the past 5 years. Any change in the

structure of the index is closely monitored by international investment fund managers who align their portfolios to

the index.

The inclusion in the FTSE Frontier Markets index is beneficial to the company by the fact that a part of the

institutional investors aim to replicate the index structure as an investment strategy. Hence, it leads to increased

investor confidence in CONPET S.A., the company being considered a benchmark on the Romanian capital

market.

7. STOCK EXCHANGE PERFORMANCE7.4 RECENT AND FUTURE EVENTS

16

June 19, 2018

A.N.R.M. has approved the modification of

crude oil transport tariffs for country

subsystems and import

October 9, 2017

Bucharest Stock Exchange publishes the 3rd

edition of the Whitebook on Communication

of Listed Companies. Following the

assessment made, the company CONPET

S.A. obtained one of the highest scores,

respectively 9.75 out of 10

November 9, 2017

CONPET S.A. wins the prize for

the highest dividend yield at the

BSE awarded by the National Top

of Companies

March 5, 2018

The GMS approves the start of the selection

procedure of a new Board of Administration

in accordance with the provisions of the

Government Emergency Ordinance no. 109

of 2011

June 20, 2018

FTSE Russell decided to

include CONPET S.A. in the

FTSE Frontier Markets Index

August 22, 2018

The OGMS elects new

members for the Board of

Administration with a 4 year

mandate.

December 18, 2018

The Ordinary General Meeting was

convened to approve the financial

and non-financial performance

indicators which will be annexed to

the directors' mandate contract.

April 26, 2018

The Ordinary General Meeting of

Shareholders approved the allocation

of dividends related to 2017 in

amount of 8.04 Lei/share

November 6, 2018

Appoinment of Mr. Chis Timur -Vasile and

Mrs. Sanda Toader as Director General,

namely Economic Director of CONPET S.A.,

starting 07.11.2018, with a 4-year mandate

September 4, 2018

CONPET S.A. announces

the initiation of the

recruitment and selection

procedure for the capacities

of Director General and

Economic Director

8. ANNEXES

18

Indicators (mRON)9 months

2018

9

months

2017

VARIATION

mRON 2018/2017

Sales revenues 283.7 282.5 +1.2 ▲ 0.4%

Other operating revenues 24.9 25.6 -0.7 ▼ 2.7%

out of which rev. from

modernization quota21.5 22.5 -1.0 ▼ 4.4%

TOTAL OPERATING REVENUES 308.6 308.1 +0.5 ▲ 0.2%

Inventories Expenses 4.9 4.7 +0.2 ▲ 5.2%

Outside expenses – energy and

water8.0 7.1 +0.9 ▲ 12.5%

Personnel expenses 104.0 84.5 +19.5 ▲ 23.0%

Value adjustments on tangible and

intangible assets33.3 33.4 -0.1 ▼ 0.4%

Current assets adjustments (0.1) (1.2) +1.1 ▲ 91.1%

Third party expenses 73.7 73.8 -0.1 ▼ 0.1%

Other operating expenses

(modernization quota expenses.

etc)

36.0 41.6 -5.6 ▼ 13.4%

Losses generated by sold assets 0.1 - +0.1 -

Provisions adjustments 0.7 (3.1) +3.8 ▲ 23.2%

TOTAL OPERATING EXPENSES 260.6 240.8 +19.8 ▲ 8.2%

OPERATING RESULT 48.0 67.3 -19.3 ▼ 28.6%

Financial revenues 3.8 2.7 +1.1 ▲ 41.2%

Financial expenses 0.006 0.034 -0.027 ▼ 80.3%

FINANCIAL RESULT 3.8 2.6 +1.2 ▲ 42.8%

GROSS RESULT 51.8 69.9 -18.1 ▼ 25.9%

Income tax expenses 8.1 11.0 -2.9 ▼ 26.6%

NET RESULT 43.7 58.9 -15.2 ▼ 25.7%

EPS (net profit/no. of shares) 5.05 6.23 -1.18 ▼ 18.9%

EBITDA 81.3 100.7 -19.4 ▼ 19.2%

Indicators (mRON)

30

September

2018

30

September

2017

Tangible assets 426.2 407.2

Non-tangible assets 0.7 1.5

Financial investments 0.9 1.0

Receivables related to the deferred income tax 1.9 1.0

TOTAL FIXED ASSETS 429.7 410.7

Inventories 9.3 9.0

Trade receivables and other receivables 44.4 46.8

Short-term investments 71.2 70.6

Cash and cash equivalents 174.7 209.9

Prepaid expenses 0.9 1.8

TOTAL CURRENT ASSETS 300.5 338.1

TOTAL ASSETS 730.2 748.8

Share capital o/w 28.6 28.6

Subscribed and paid-up share capital 28.6 28.6

Legal Reserves 5.7 5.7

Revaluation Reserves 27.0 31.0

Other Reserves 494.1 478.5

Retained Earnings 45.9 40.2

Result for the period 43.7 74.4

TOTAL EQUITY 645.0 658.4

Investment Subsidies 1.2 1.3

Prepaid Revenues 0.01 0.01

TOTAL PREPAID REVENUES 1.2 1.3

Long-term provisions 12.8 12.8

TOTAL LONG-TERM LIABILITIES 12.8 12.8

Trade liabilities 20.5 30.6

Current income tax 3.8 3.8

Other liabilities 36.6 32.3

Short-term provisions 10.3 9.5

TOTAL CURRENT LIABILITIES 71.2 76.2

TOTAL LIABILITIES 84.0 89.0

TOTAL EQUITY AND LIABILITIES 730.2 748.7

PROFIT & LOSS ACCOUNT FINANCIAL STANDING

19

COMPARISON WITH 9 months 2018 BUDGET

Indicators (mRON)

9 months

Achieved

2018

9 months

Achieved

2017

9 months

Budgeted

2018

Achieved

2018 vs. 2017

Achieved

vs. Budgeted

2018

mRON % mRON %

Operating revenues

Turnover revenues 283.7 282.5 278.4 +1.2 ▲ 0.4% +5.3 ▲ 1.9%

Other revenues 24.9 24.7 24.1 +0.2 ▲ 2.7% +0.8 ▲ 3.6%

proceeds from disposal of assets - 0.9 0.1 -1.0 - -0.1 -

TOTAL OPERATING REVENUES 308.6 308.1 302.6 +0.5 ▲ 0.2% +6.0 ▲ 2.0%

Operating revenues

Inventories Expenses 4.9 4.7 5.5 +0.2 ▲ 5.2% -0.6 ▼ 10.8%

Expenses with energy and water 8.0 7.1 8.4 +0.9 ▲ 12.5% -0.4 ▼ 5.0%

Personnel expenses 104.0 84.5 105.3 +19.5 ▲ 23.0% -1.3 ▼ 1.2%

Value adjustments on tangible and intangible assets33.3 33.4 33.3 -0.1 ▼ 0.4% - -

Current assets adjustments (0.1) (1.2) (0.2) +1.1 ▲ 91.1% +0.1 ▲ 53.0%

Third party expenses 73.7 73.8 78.0 -0.1 ▼ 0.1% -4.3 ▼ 5.5%

Losses generated from sold assets 36.0 41.6 35.7 -5.6 ▼ 13.4% +0.3 ▲ 0.8%

Other expenses 0.1 - - +0.1 - +0.1 -

provisions adjustments 0.7 (3.1) (0.1) +3.8 ▲ 23.2% +0.6 -

TOTAL OPERATING EXPENSES 260.6 240.8 265.9 +19.8 ▲ 8.2% -5.3 ▼ 2.0%

OPERATING PROFIT 48.0 67.3 36.7 -19.3 ▼ 28.6% +11.3 ▲ 31.0%

Financial revenues 3.8 2.7 1.2 +1.1 ▲ 41.2% +2.6 ▲ 210.0%

Financial expenses 0.006 0.034 0.08 -0.028 ▼ 80.3% -0.07 ▼ 90.9%

FINANCIAL RESULT 3.8 2.6 1.1 +1.2 ▲ 42.8% +2.7 ▲ 229.8%

GROSS RESULT 51.8 69.9 37.8 -18.1 ▼ 29.9% +14.0 ▲ 37.0%

Income tax expenses 8.1 11.0 5.6 -2.9 ▼ 26.6% +2.5 ▲ 42.9%

NET RESULT 43.7 58.9 32.2 -15.2 ▼ 25.7% +11.5 ▲ 35.9%

EPS (net profit/no. of shares) 5.05 6.23 3.72 -1.18 ▼ 18.9% +1.3 ▲ 35.8%

20

Ministry of

Energy

58,72%

Legal

Persones

28,79%Natural

Persones

12,49%

Operator of the national crude oil, rich gas and condensatetransport network;

Natural monopoly position on the Romanian market;

30 years concession agreement to operate the transport network,concluded, in July 2002 with the National Agency for MineralResources;

Core business includes:

transport of crude oil, rich gas and condensate via theDomestic transport subsystem (76.7 % in turnoverachieved in first 9 months 2018 )

Transport of crude oil via the Import subsystem from OilTerminal, Constanta to two refineries in Romania (22.1% inturnover achieved in the first 9 months 2018).

Company’s business is regulated by NAMR, which sets tariffsfor:

The transport of domestic crude oil, rich gas andcondensate (last update in June 2016)

Import crude transport (last update in June 2016)

Company’s Brief Overview Transport Network Overview

Shareholding Structure (04.10.2018)

CONPET S.A. operates 3,800 km of pipelines with a

total transport throughput of 18.1 million tons/year, the

system being divided into three main subsystems:

1. Subsystem for domestic crude and condensate

transport eases transport from the extraction fields to

Petrobrazi, Arpechim and Petrotel Lukoil refineries; it is

1,700 km in length, 6.1 million tons/year transport

throughput and 126 k m3 storage capacity;

2. Subsystem for rich gas transport eases the

products transport from the extraction fields to Petrobrazi

and Arpechim refineries; it is 289 km in length and a

capacity of 0.2 million tons/year;

3.Subsystem for imported crude transport, eases

transport from Oil Terminal, Constanta to Petrobrazi,

Arpechim, Petrotel Lukoil and Petromidia refineries; it is

1,343 km in length, 11.8 million tons/year transport

capacity and 45 thousand m3 storage capacity;

For the railway transport of crude oil, condensate

and rich gas to Petrobrazi and Lukoil refineries,

CONPET has the following facilities: 12.7 km of railway,

13 loading/unloading ramps, 13 locomotives, 40 tank

cars for crude, 29 tank cars for rich gas. This supporting

infrastructure provides the transport services to OMV

PETROM and LUKOIL refineries.

CONPET BUSINESS

21

THE BOARD OF ADMINSTRATION

22

POPA Claudiu

Aurelian

Member

GHEORGHE Cristian

- Florin

Chairman

GAVRILĂ Florin -

Daniel

MemberALBULESCU Mihai -

Adrian

Member

IACOB Constantin

Ciprian

Member

PAVĂL Karina

Member

MEȘCA Darius -

Dumitru

Member

Thank you for your kind attention!

2015 CALENDAR FINANCIAR

www.conpet.ro