“We believe the Romanian market has potential,” Daradics said at the 2013 ZF Power Summit. “We are aiming for a 15% market share by 2015, by expanding our local network.”
Daradics said 2012 was a challenging year for MOL Romania, due to a difficult economic context.
“The retail fuel market fell by around 2%, putting additional pressure on all players. However, MOL reported a 4% growth in the volumes sector,” she said.
In its financial report Tuesday, MOL said fuel sales volume in Romania rose 4% year-on-year to 469,000 tons, boosted by higher diesel and gas sales.
“We have begun to diversify our portfolio and we’ve started operations in the upstream segment,” Daradics said.
However, MOL Romania has no current plans to drill for shale gas or to invest in renewable energy, the company’s chief said.
“It’s too soon for MOL Romania to make a decision regarding the shale gas sector,” she said.