Fuel card sales volumes increased by 1.1% on the year, showing slight recovery after the economic crisis, while ship sales revenue rose 9.2% on the year, calculated in lei.

At the end of March, MOL Romania operated a network of 127 gas stations, compared to 127 at the end of 2010. In April, the group launched two gas stations.

Retail capital expense stood at 1.2 billion forints ($6.4 million) in January-March, including HUF300 million ($1.6 million) in Romania, MOL wrote in its report.

On a group level, net revenue from sales rose 31% to $5.9 billion in the first quarter.

Net profit jumped to $465 million, from $98 million in the first quarter of 2010, backed by higher oil prices and a record crude output of more than 150,000 barrels per day.

The MOL group operates in 40 countries with a network of 1,630 gas stations.