FUEL
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Fuel Supplier Artoil Sees 85% Growth In Net Profit To Over RON22M In 2025
Artoil, a fuel supplier based in Timișoara and owned by entrepreneurs Alexandra and Alex Bunceanu, posted RON1.360 billion (about EUR270 million) revenue in 2025, up 63.1% from the previous year’s RON833.6 million (EUR167.6 million), according to ZF’s calculat...
Artoil Timisoara Posts 30% Decline In Revenue To RON833.6M In 2024
Fuel supplier Artoil in Timisoara, held by entrepreneurs Alexandra and Alex Bunceanu, posted RON833.6 million (EUR167.5 million) revenue in 2024, down 30.1% from the previous year’s RON1.193...
Fuel Trader Votrom’s Revenue Drops 6% To RON722.3M In 2024
Fuel trader Votrom, controlled by the Tulvan family from Oradea, posted RON722.3 million (EUR145.2 million) revenue in 2024, down 6% from the previous year’s RON768.8 million (EUR155.4 milli...
Fuel Wholesaler Artoil Revenue Up 62% to EUR110M in H1
Timisoara-based fuel wholesaler Artoil, held by Alexandra and Alex Bunceanu, posted about EUR110 million revenue in the first half, an increase of almost 62% on the year-ago period, ZF has c...
Fuel Wholesaler Artoil Expects EUR200M Revenue in 2022
Timisoara-based fuel wholesaler Artoil, held by Alexandra and Alex Bunceanu, estimates EUR200 million revenue for 2022, up 38% compared with last year, ZF has calculated from the data the co...
Ruling Coalition Leaders Decide On Fuel Excise Duty Cut, Fin Min Says
Finance minister Adrian Caciu on Tuesday said ruling coalition leaders agreed with his proposal to temporarily reduce the excise tax on fuel by 50%.
Germany’s DKV Mobility Completes Takeover of Smart Diesel
Germany’s DKV Mobility and Smart Diesel have announced completion of the deal whereby the former took over the latter, one of the largest entrepreneurial fuel businesses in Romania.
Shell Puts Together Local Team, Returns to Romania After 15 Years
Shell Romania, the local subsidiary of Shell, has a new team for expansion in Romania, after having operated via a local agent in the last 15 years.
Agip Station Integration, A Factor In MOL Romania’s 15% Revenue Growth In 2017
MOL Romania, the local subsidiary of Hungary’s oil group MOL, ended last year with more than 5.4 billion lei (EUR1.2 billion) revenue, a result that includes the revenue of the 42 Agip stati...