“MOL Romania’s total 2017 budget is EUR10 million to EUR15 million, the same as in 2016,” MOL Romania officials said.
The money will go towards expansion, upgrades and logistics, they added. It will mostly be used to complete an LPG terminal in Bihor county and to build electric car charging stations. The group also wants to develop its Fresh Corner concept, which entails adding fresh food areas to the gas stations. Fresh Corner will be available in 100 stations compared with 65 at the moment.
MOL network has grown to 208 gas stations in Romania, and the investment in one station stands at more than EUR1 million. Last year MOL Romania posted 4.7 billion (over EUR1 billion) revenue and RON153 million profit.
(English version by Loredana Fratila-Cristescu)