Its turnover dropped 7.6% on the year in 2018, to RON146 million.

The company’s long term debt grew 16.3% compared with 2017, as the company extended a credit line for investments.

Oil Terminal is 59.62% owned by the Romanian state through the Energy Ministry, 15.5% is held by Valentin Dumitrescu, and the remaining 24.7% of the share capital is distributed among investors on the stock market.