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Oscar Downstream turnover increases by 12% in 2019

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Oscar Downstream, the largest independent player in the oil market, controlled by Alin Niculae, recorded a turnover of 2.9 billion lei in 2019, an increase by 12% compared to the previous year, when the turnover was of 2.6 billion lei, according to the data of the Ministry of Finance quoted by zf.ro.

The entrepreneurial company specialized in fuel trade had a net profit lower by 21% in 2019 compared to the previous year, reporting a net profit of 45.8 million lei, decreasing compared to the figure of 2018, of 58.6 million lei.

After 2012, when the company had a turnover of over 2.4 billion lei, Oscar Downstream entered a downward trajectory, the return on growth taking place in 2017.

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