11.29.2017

A 13-gas station chain operating in Dambovita, Prahova and Ilfov counties (southern Romania) as RBC Gas posted 132.3 million lei (EUR29.4 million) revenue last year. The company ranks sixth among more

11.02.2017

Dan Paltcov and Dan-Claudiu Parau, the shareholders of Bulrom Gas, one of the largest LPG businesses in Romania, will invest more than EUR4 million in a network of 15 gas stations under the Octano more

05.12.2017

Tiriac Energy will open four franchised gas stations next week, following a EUR200,000 investment, which is the first step of the group held by businessman Ion Tiriac on the EUR10 billion a year fuel more

01.26.2017

MOL Romania, the local subsidiary of Hungary’s oil group MOL, says it plans have the Fresh Corner concept implemented in 100 of its gas stations by the end of the year. more

08.29.2016

Azerbaijan’s SOCAR group and Gazprom-held Serbian NIS group were supposed to have more than 400 gas stations in Romania by now, but only have about 50 stations together, according to the latest more

06.01.2016

OMV Petrom, the largest oil and gas group in Romania, went through a profound change of revenue structure last year, when its gas stations became the main revenue and profit generator, while the oil more

03.15.2016

Bulrom Gas, one of the leading actors of Romania’s liquefied petroleum gas (LPG) market, plans to open its first ten stores under the OCTANO brand this year. more

02.26.2016

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11.12.2015

Cigarettes, mineral water, soft drinks and sandwiches are among the best-selling non-oil products available in gas stations with hundreds of suppliers vying for contracts with the main gas station more

11.09.2015

The fuel market in Romania, a EUR10 billion business dominated by four major companies, OMV Petrom, Rompetrol, Lukoil and MOL, is seeing investments completed or in progress by new names. more

10.16.2015

Smart Diesel, a company based in Arad and held by several little known businessmen, had 9.7 million lei (EUR2.19 million) revenue in 2010. It is now headed towards RON545 million from refueling big more

10.05.2015

Three companies own 56% of all the gas stations in Romania, which makes this market one of the most concentrated in Europe. more

07.03.2015

Rompetrol, the second leading player in the local oil industry, is changing the business model for its gas station network, transferring about 140 stations to dealers. more

06.19.2015

Tiriac Holdings will become a direct competitor via Tiriac Energy to the major gas and diesel retailers in Romania by building a discount gas station network over the next three years. more

06.09.2015

The common denominator for the top players on an over 40 billion lei (EUR9 billion) fuel market with more than 2,000 gas stations was the rise in profits last year, since the sales trend did not 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

05.11.2015

OMV Petrom, the largest local oil company, says the number of gas stations it has now is optimal, even though it was looking for buyers for a set of about 100 of them last year. more

09.29.2014

Romanian state-run power grid operator Transelectrica (TEL.RO) and service provider for the energy industry Romelectro signed a contract worth EUR29.38 million, VAT not included, for upgrading the more

09.17.2014

SOCAR Romania, part of Azeri oil group SOCAR, has opened its 30th gas station in Romania, in western county of Arad, following an investment of EUR1.4 million. more

08.18.2014

The takeover of the 42 Agip gas stations that Italy’s ENI had in Romania helped Hungarian-held MOL consolidate its position in the south of the country and expansion plans will continue, says Kinga more

07.02.2014

Five years after launching the Litro gas station brand, KazMunayGas is dropping the branding experiment conducted at only four Rompetrol gas stations on the A2 highway connecting Bucharest to more

05.29.2014

Azeri oil company SOCAR invested EUR800,000 in opening its 28th gas station in Romania. more

04.11.2014

Azeri oil company SOCAR Friday said it invested nearly EUR1 million in a gas station in Bacau (northeastern Romania), reaching a 30-gas station network in Romania. more

03.20.2014

Azeri oil company SOCAR invested over EUR1 million in a gas station in Cluj-Napoca, reaching a 27-gas station network in Romania. more

11.20.2013

Rompetrol Moldova, part of Romania’s second largest oil group Rompetrol, has recently opened two new gas stations in the Republic of Moldova and expanded its Moldovan network to 59 units. more