MOL Romania claims 13% of the Romanian fuel distribution market

However, average sales per gas station dropped 1 percent, while five stations recently opened have increased their turnover. The company currently has 122 gas stations in Romania.

The company is to invest €20 million in its development locally this year.

MOL’s main competitors on the Romanian market are Petrom, controlled by Austrian OMV group, Kazakh KazMunaiGas-controlled Rompetrol, and the local subsidiary of Russian LukOil group.

At a group level, MOL posted €260.2 million in net profit in 2007, 9 percent higher year-on-year.