MOL Group reported in Romania a 10 percent increase in the volume of gasoline sales, and a 13.5 percent increase in Diesel fuel sales in 2016. The MOL Group reported an USD 941 million profit, according to the company’s financial results published on Tuesday in Budapest.
The financial data shows that MOL obtained an operational result of USD 2.15 billion and a net profit of USD 941 million.
On the Romanian market, the Group’s Diesel fuel sales went up by 13.5 percent in 2016 year-on-year, from 420 kt to 477 kt. Moreover, the company’s gasoline sales in Romania increased by approximately 10 percent, from 151 kt in 2015 to 166 kt in 2016.
In the fourth quarter of 2016, Diesel fuel sales went up by 11 percent, from 110 kt to 122 kt year-on-year. In the same period, gasoline sales increased by 5.1 percent year-on-year, from 39 kt to 41 kt.
Moreover, production increased by 6 percent to 112,000 boe/day with supplements coming from the onshore perimeters in Central and Eastern Europe, where production stood at its highest level since 2012, Pakistan, the UK, and the Baitugan field in Russia.
The MOL Group is an integrated and independent international company, with headquarters in Budapest and Hungary. The company has operations in over 40 countries and employs around 25,000 staff. In Romania the company owns over 200 gas and Diesel fuel stations.