FUEL
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KMG International Exported $200m Worth Of Romanian Gas And Diesel To Greece In 2014
KMG International, the former Rompetrol group, is the largest exporter to Greece in Romania. The oil group, which owns the Petromidia Refinery on the Black Sea coast, shipped more than $200...
Some Soar, Some Plummet In Romania’s Energy Sector
Energy is one of the few sectors in Romania where companies can still post exponential growth or 'disappear' all of sudden after having grabbed hefty slices of the market. The people who are...
Fuel Trader ROTTCO Consult Sees RON521m Sales
Bucharest-based oil products trader ROTTCO Consult, of low-profile businessman Nicolae Paul Pop, former head of the fuel distribution operations of Rompetrol, posted 521.5 million lei (EUR11...
Top Five Fuel Businesses Posted 30% Profit Increase in 2014
The common denominator for the top players on an over 40 billion lei (EUR9 billion) fuel market with more than 2,000 gas stations was the rise in profits last year, since the sales trend did...
Smart Diesel Saw 45-Fold Growth In Five Years To EUR100M
An Arad company held by several little known businessmen saw 45-fold growth in revenue from its core business, sale of diesel oil to small and medium-sized transport companies, in 2010-2014.
OMV Petrom Sees Current Number Of Gas Stations As Optimal
OMV Petrom, the largest local oil company, says the number of gas stations it has now is optimal, even though it was looking for buyers for a set of about 100 of them last year.
Fuel Gets 7% More Expensive In One Month In Romania
Romanians now pay more than Germans for a fill-up, but earn 5 times less
Romania To Lower Excise Duties On Fuel And Alcohol As Of 2016 - Tax Code Draft
Romania's government plans to lower excise duties on fuel and alcohol as of 2016, while crude oil locally produced, coffee, jewels, furs and cars will be removed from the category of product...
Romanian Households Spend RON662 On Food, RON120 On Fuel And Just RON8 On Education
More than 70% of the monthly consumption expenditures of a Romanian household go to food, utilities and fuel. Conversely, the least money, 0.5%, is spent on education.