Archive for August, 2012

Romanian Oil Trading Company is looking for finance equity/debt and is interested in partnering with any company that may be interested in entering into the Romanian market or set up operations in Eastern Europe.

The company was founded in 2007 having the line of business the wholesale distribution of petroleum products, by developing a distribution network in Romania, fructifying the growth opportunities of the market and the know-how gained on the specific market. The total sales for  2011 was 88,000 tons comparing with  48,500 tons in 2010.They are interested in engaging with companies that have expertise in operating with oil products and they are open to transferring majority (50% to 100%) equity ownership to the right partner.The turnover for 2012 is expected to be over 130 mln euro.