Fuel
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Expensive fuel has not left petrol stations short on clients: Volumes down just 5%
Petrol and diesel oil prices were raised by over 20% in the first two months of this year compared with the similar period of 2010, but oil companies say volumes were down by up to 5%, although pump prices were hiked on six occasions, mainly because of the oil...
Big carriers Dumagas, Dunca and Lazăr: Fuel becoming more expensive is forcing us to hike tariffs
Road carriers are expecting their profits to decline this year because of the increase in fuel prices, with some companies expected to go bankrupt after their earnings were affected by the V...
Independent filling stations facing extinction
There are 600 independent filling stations left in Romania at present, whilst in 2004, when the fuel market was liberalised in the wake of Petrom privatisation, around there were 1,200 such...
Crisis paradox: The price of petrol rises 40% in one year
The price of petrol rose by up to 40% at the pump for big fuel distributors, while diesel oil costs up to 20% more since the beginning of this year against January 2009.
Energy players: Stagnation is the best-case scenario this year
Electricity, natural gas and fuel consumption was seriously dented last year, after years of growth that overlapped with the positive upward trend of the entire economy.
Expected petrol price hikes
The biggest fuel distribution companies on the Romanian market say the rise in excise duties as of the beginning of next year could bring about a 5%-8% hike in pump prices, which will have a...
Tamas Mayer, Petrom: We barter. We supply fuel, they supply power and so on
After having replaced trips to Vienna with videoconferences to cut costs, Petrom managers have resorted to another strategy: bartering.
Szalay, MOL Romania: Now’s the time to renegotiate all rents
MOL Romania, the fourth local player on the segment of fuel distribution (in terms of size of filling station network) says the demand for fuel went down by more than 10% in the first half o...
The crisis will peak this autumn and it will be primarily felt by the energy and farming sectors
Constantin Tampiza, general manager of Lukoil Romania, a company with sales of over one billion euros on the segment of fuel distribution says that turnover in the first six months of the ye...