The refinery’s turnover dropped 10% in 2019, to RON5.8 billion, from RON6.5 billion in 2018.
The refinery returned to loss after four years of profit. The refinery had amassed losses of over RON3 billion in the period 2007-2014.
Companies
Petrotel Lukoil Refinery Turns to Loss in 2019
Petrotel Lukoil, the operator of the refinery in Ploiesti held by Russia’s Lukoil, registered a loss of RON67.6 million in 2019 from a profit of RON4.8 million in 2018, finance ministry data showed.