“There will be changes in the market structure. Let’s not forget that Shell exited the market a few years ago, therefore, one should expect similar moves. (…) There will be a repositioning of existing companies, but there is also room for other players with premium services and products,” said Baltatu.
Baltatu also said that NIS Petrol will open three new gas stations in Romania in March.
NIS Petrol, part of Serbian oil company NIS, controlled by Russian giant Gazprom, wants to increase its number of gas stations in Bucharest and near the capital to 20-25 by the end of 2015, company representatives said in October 2013.
The company plans to open 120 gas stations countrywide by the end of 2015, which entails investments worth EUR150 million.
NIS Petrol’s competitors in Romania on the fuel distributions segment are OMV Petrom (part of Austrian group OMV), Rompetrol (Kazakhstan), Lukoil (Russia), MOL (Hungary) and ENI (Italy).