MOL Romania Posts 6% Profit Rise

F.A.
Ziarul BURSA #English Section / 10 august 2007

MOL Romania concluded the first half of the year with a 6% year-on-year increase in net profit. A more efficient fuel station network and the swap with Petrom, under which MOL sold 30 stations to and bought 11 stations from Petrom led to a 7% cut in turnover to 255 million EUR. Sales per station gained 11.4%.

The company will focus on the retail division and further optimize fuels stations and coverage. Customer loyalty programs and expanding the customer base are at the top of the priority list. In 2007, MOL Romania will invest 15.4 million EUR in 9 new stations, both greenfield and purchased.

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