Mobility restrictions implemented in 2020 to fight the sanitary crisis canceled nearly a quarter of the business of filling stations of OMV Petrom, leader on the fuels market with a 32% market share, Ziarul Financiar wrote.
OMV Petrom Marketing, the retail division of OMV Petrom Group, ended 2020 with sales of RON14.5 billion (nearly EUR3 billion), 24% lower than in 2019, with the decrease in volumes sold being the main cause of decline, per finance ministry data.
“In Romania, retail sales reached 2,248 thousand tons in 2020, 6% lower than in 2019. Consequently, the average sales volume at the level of filling station in Romania reached 4.88 million liters in 2020 (2019: 5.27 million liters), triggering a total decline of this indicator, on a group level, to 4.03 million liters (2019: 4.43 million liters)”, OMV Petrom said in its annual report for 2020.
The company’s net profit stood at RON328 million in 2020, lower than RON442.8 million in 2019.