Its turnover grew 14% in 2020, to RON191.6 million, the company said in its preliminary earnings report.

Oil Terminal reported operating revenue of RON193.5 million, 14.7% higher than in 2019, and expenses of RON184.55 million, up 13.8% on the year, resulting in operating profit of nearly RON9 million, up 36.3% on the year.

The company reported an EBITDA of RON29.5 million, up 19.2% compared with 2019.

Oil Terminal had total assets of RON565.7 million at the end of 2020, up 1.9% on the year.

Oil Terminal is 59.62% owned by the Romanian state, while Sebastian Valentin Dumitrescu owns 16.7%.