The company’s net profit fell 21% to RON45.8 mi¬llion in 2019, from RON58.6 million in 2018.
Oscar Downstream was established in 2001 and is held by businessman Alin Niculae. It is one of the largest entrepreneurial businesses in Romania.
After 2012, when it reported a turnover of over RON2.4 billion, the company entered a downward trend until 2017, when it returned to growth, seeing an upward trend.
Oscar Downstream which initially specialized in wholesale fuel distribution, especially diesel, has developed a wide in-house fueling station network, along with a network of regular filling stations serving major customers.