The company’s core business is retail sale of automotive fuel in specialized stores.
The 2017 growth in revenue brings the company closer to the over RON1 billion revenue club. There are only ten entrepreneurial companies in Romania to see annual sales of at least one billion lei.
Smart Diesel is 49% owned by Transport Service Group. Transport Service Group owner is Ovidiu-Ioan Andries (70%), according to Trade Registry data. Other Smart Diesel shareholders are Daniel-Mihai Imbre (25%), Ovidiu-Ioan Andries (22%) and Petru Farcas (4%).
Smart Diesel was designed mostly to serve commercial customers and has a network of more than 20 gas stations in Romania, according to its website, and partnerships in several countries. (EUR1=RON4.6630)
(English version by Loredana Fratila-Cristescu)