November 25, 2017

MOL Romania H1 fuel sales add 7 %

Subsidiary of Hungary’s oil and gas MOL Group, MOL Romania declared its fuel sales expanded by 7 % in volume, in the first semester; meanwhile, the group’s retail sales added 1 %. Diesel sales rose by 8 % to 171,000 tons and petrol sales rose by 3 % to 61,000 tons, writes Mediafax newswire. MOL operates in Romania a retail network of 138 filling stations and holds the concession rights for three perimeters in Western Romania. In the first semester, MOL Group registered a 21 % reduction in the EBITDA CCS to HUF 112 billion due to a lower contribution of the exploration and production segment.

Source: Business-Review (read more)

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