Oscar Downstream currently has 220 clients, particularly companies from such industries as transport, logistics, constructions and agriculture, to which it delivers diesel oil. The company’s sales are operated through diesel tanks, in bulk or through public contracts. The company regularly participates in auctions on the Romanian Commodities Exchange, currently having 28 public procurement contracts underway.
Oscar is the largest oil company currently not part of an international group.
Its competitors are traders operating in Romania as subsidiaries of parent companies (accounting for a quite small market share), but especially trading companies part of market heavyweights, such as Petrom, Rompetrol or Lukoil.
Oscar Downstream was set up as a beverage producer ten years ago, after Alin Niculae, owner of the company, had developed projects in several fields, particularly constructions.
“In 2005, we decided what we wanted to do with this company and where we wanted to take it and the formula was to deliver fuel to transport companies through direct negotiation methods in the case of private companies and through the commodities exchange in the case of state-owned companies, but also to deliver of a complex service of diesel tanks to road carries or construction sites,” said Niculae.