“We are implementing a seven station pilot project now, six of which operational as of last December. The volume target will only be set in 2017, because we will still be building next year,” said Remus Hirceaga, chief executive officer of Tiriac Energy.
“We want to build at least 50 stations in 2016 and reach 200 filling stations countrywide in three years. We are also planning expansion into Europe.”
The Tiriac Energy filling stations will also offer quick charging for electric cars. The company posted EUR60 million revenue in 2014 and its 2015 target is EUR100 million, while operating income stands at about 1% of the revenue.
The company has six gas stations at the moment, two of which in Bucharest at TiriacAuto, one in the southern section of the Bucharest Beltway, one in Brasov, again at TiriacAuto and two in the west of the country in Nadlac and Bors.
(English version by Loredana Fratila-Cristescu)