Smart Diesel last year recorded net profit of RON43.4 million (EUR8.8 million), down 7% from the previous year. The company reached an average number of 135 employees.

Arad-based Smart Diesel is a provider of fueling solutions and VAT and excise duty reimbursement services established by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre a decade ago.

Smart Diesel business was designed mostly to serve commercial customers and has partnerships with filling stations abroad, on markets such as Austria, Slovenia, Belgium, Spain and the Czech Republic.

(English version by Catalina Apostoiu)