Smart Diesel made a net profit of RON47.8 million (EUR9.7 million) last year, up 10% from the RON43.4 million (EUR8.8 million) of 2021, according to public data. It had an average of 118 employees in 2022.

Smart Diesel provides customers fuel cards, bulk fuel, solutions for paying road taxes and VAT recovery services. Smart Diesel’s business was designed mainly to serve commercial customers, with the company having a network of local gas stations and foreign partnerships in several countries.

Refueling can be done in Romania, Austria, Slovenia, Belgium, Spain, France, Germany, Czech Republic, Hungary or Luxembourg, according to the company’s website.

The company also supplies diesel in bulk for companies that use fuel in their day-to-day business. Delivery is made at the place of consumption, using its own fleet of tankers. Smart Diesel makes bulk deliveries to customers in agriculture, construction, transport and logistics and forestry sectors.

Smart Diesel was established by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and taken over at the end of 2020 by the Germany’s DKV Group.

(English version by Loredana Fratila-Cristescu)