MOL Romania’s retail sales volumes (including fuels, lubricants and LPG) grew 21 percent in the third quarter and 16 percent, in the first nine months, respectively, mainly due to the enlarging of the service stations network, parent company MOL Group said in a flash report on Friday.
In the July-September period, retail sales volumes of MOL Romania stood at 166 kilotons (kt), up from 137 kt in the year-earlier period. In the first nine months, volumes were recorded at 433 kt, compared to 373 kt in the same interval of 2014.
Diesel fuel sales were dominant, rising 14 percent in the 9 months period, to 309 kt, and 19 percent in Q3, to 118 kt. As for gasoline, volumes stood at 112 kt in January-September, up 17 percent, while Q3 posted 43 kt, a 23 percent rise.
MOL Group overall retail volumes rose 10 percent in the first 9 months, to 2,903 kt, on the back of recovering fuel demand in the CEE region. The company posts its best quarterly profit in history, as Clean CCS EBITDA stood at USD 708 million.
Hungarian MOL Group entered the Romanian market in 20 years ago. The company expanded its retail network to 200 service stations, after acquiring a smaller network, early 2015, and is a leading fuel distributor and provider of fuel-related services, bitumen and chemical products.