Its net profit grew 24% on the year to RON93.9 million in 2019, from RON75.7 mi¬llion in 2018. Its staff numbers increased to 450 people in 2019 from 420 people in 2018.
In the first four months of 2020, KMG International Group continued to develop its retail operations in the Black Sea, by opening 12 new filling stations in Romania, Bulgaria and Georgia. Its plans for the next two months target to complete 19 other new units, of which 11 in Romania. The 12 units opened in January-April are both own stations and partner stations of Rompetrol and Rompetrol Expres. In Romania, the KMG network has some 400 filling stations.
Rompetrol Downstream has recently extended its distribution chain by seven new stations, plus two new liquefied petroleum gas (LPG) stations.
KMG Group’s retail subsidiaries saw an increase of over 9% in retail sale volumes. In Romania, its main market, Rompetrol Downstream reported a 12% increase in fuel sales on the retail segment.