Agip grows 52%

Agip Romania, a company owned by the Italian giant ENI, last year logged about 58m euros in turnover, up 52% since 2001, and managed to cut losses from 1.5m euros down to 0.5m euros, company officials say. The Italians are planning to open another 4-6 gas stations this year and also aim to make some profits. The company exceeded the initial forecasts that saw 58m euros in turnover last year, considering the number of gas stations had dropped from 22 to 20. “The average sales per gas station (directly managed by the company) amounted to 3.1 million litres annually, which is good, even compared to our gas stations in western Europe,” Agip Romania president Antonio Cambiotti told Ziarul Financiar. ZF