06.18.2024

Arad-based fuel supplier Smart Diesel ended 2023 with net profit of RON137.7 million (EUR27.8 million), almost three times higher than the net gain of RON47.8 million (EUR9.7 million) reported in more

06.29.2023

Smart Diesel company in Arad posted over RON2 billion (EUR407.4 million) revenue in 2022, up by about 28% on the previous year, according to ZF calculations based on Finance Ministry data. more

06.21.2022

Arad-based Smart Diesel, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and taken over in late 2020 by Germany’s DKV, for 2021 reported turnover worth RON1.571 billion (EUR319.3 more

06.10.2022

Rompetrol Rafinare (RRC.RO), a member company of the KMG International Group and the operator of the Petromidia Navodari and Vega Ploiesti refineries, has recently completed the repair works of the more

07.12.2021

Germany’s DKV Mobility and Smart Diesel have announced completion of the deal whereby the former took over the latter, one of the largest entrepreneurial fuel businesses in Romania. more

05.13.2021

Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by more

12.29.2020

German DKV Group has acquired Arad-based Smart Diesel, the largest private filling station operator in Romania, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre. more

12.11.2020

Delphi Diesel Systems Romania, the local subsidiary of US’ Delphi group, posted 2.23 billion lei (EUR471.2 million) revenue in 2019, an increase of merely 1% year-on-year, ZF has calculated from more

09.04.2019

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05.04.2018

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05.03.2018

Arad-based Smart Diesel, the largest private filling station operator in Romania, posted 942 million lei (EUR202 million) revenue in 2017, 33% higher than in 2016. The profit stood at RON21.8 million, more

05.05.2017

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07.19.2016

Private filling station operator Smart Diesel says it will enter two new markets by yearend in addition to the 15 where its commercial customers can refill using the diesel cards issued by the more

01.12.2016

Oscar Downstream, a company specializing in wholesale fuel distribution, has grown to 1,300 in-house fueling stations (fueling stations installed at its customers) and a network of 30 regular stations more

05.12.2015

An Arad company held by several little known businessmen saw 45-fold growth in revenue from its core business, sale of diesel oil to small and medium-sized transport companies, in 2010-2014. more

03.13.2015

Romania’s diesel oil exports reached EUR2.4 billion last year, with 1.47 million tons shipped abroad in January-November, the highest level since 2008 and 70% more than in 2013. more

12.22.2014

Around 58% in the price of one liter of gasoline and 54% of the diesel oil price are going to the state under the form of the excise and VAT. At this moment, gasoline prices reached some 5.25 lei, more

09.26.2014

Romania's Agriculture ministry will continue to subsidize the rise in diesel fuel excise duties in 2015 and the measure is to be approved by government decision in the following weeks. more

09.23.2014

The almost EUR1 billion investments carried out in the past two years in two of Romania’s largest refineries, Petromidia and Petrobrazi, are likely to completely wean the local market off imports of more

09.16.2014

OMV Petrom (SNP.RO), the largest local oil company, can produce about 47% of the fuel Romania needs, following completion of the EUR600 million upgrade at its Petrobrazi refinery (Ploiesti). This is more

02.19.2014

One in four liters of gas or diesel oil purchased in Romania comes from Petromidia refinery, the main asset controlled by Rompetrol, the group owned by Kazak state-owned company KazMunaiGas. more

09.20.2013

Rompetrol wants to enter the Turkish fuel market, which is growing at a rate of 4% a year, using the surplus fuel refined by Petromidia, Romania’s largest refinery whose capacity it increased to 5 more

07.25.2013

Paul Pop, former commercial manager at Rompetrol Downstream, sold EUR150 million worth of gasoline and diesel oil last year through his company Rottco Consult, an independent distributor oil products. more

04.02.2013

In the first quarter of the year major fuel distributors boosted pump prices, although estimates made by oil companies at the beginning of 2013 showed that consumption was expected to stay flat at more

02.01.2013

Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on February 7, at the Romanian Commodities Exchange, to purchase 2,000 tons of diesel fuel to return a loan from more