“We will most likely take this step (entry on two new markets i.e.) in the second half of the year, while in the countries we already have a presence in we expanded the range of services provided to our customers,” the officials of the company based in Arad said.
Smart Diesel ended last year with 546.7 million lei (about EUR123 million) revenue, up 24.5% on a market dominated by four companies part of multinational groups.
Smart Diesel is, according to the available data, the largest filling station operator in Romania among the companies whose core business is retail sale of automotive fuel in specialized stores. Its largest shareholder is another company, Transport Service Group.
Smart Diesel is dedicated to internal and international transport companies and to all commercial fleet owners, regardless of the size of the fleet.
It has a network of 24 filling stations in Romania and partnerships on 15 other markets like Austria, Slovenia, Belgium, Spain and Czech Republic.
“The main projects in the first half were opening two filling stations of our own and boosting the tank truck fleet; the first half investment budget was close to EUR1 million.”
The company also greatly expanded its partner network.
“The Smart Diesel card is currently accepted in more than 1,600 stations, with more than 350 stations added via partnerships abroad this year alone.”
Smart Diesel did not say which are its biggest customers, only that most of them are transportation, agriculture and industry companies.
(English version by Loredana Fratila-Cristescu)