Eni Romania, the former Agip, the domestic subsidiary of Italy's giant Eni, the world's fifth largest oil corporation, says it saw fuel sales go up in the first three months of the year despite the unfavourable market context. Eni Romania manages Agip filling station network domestically. "In the first three months of this year, we managed to sell around 8-9% more oil products, mainly as we expanded our filling station network after integrating the units taken over from MOL. As for the entire market, though, last year's decline continued this year, reaching 6% in the first three months, but starting March sales began to pick up," says Nicola Meuli, general manager of Eni Romania. In late February, Eni decided to change the name of its domestic subsidiary from Agip to Eni Romania. According to company data, the 2010 overall investment budget will amount to 22m RON (5.2m euros). In 2009, the company reached 320m RON turnover and in 2010 expects a turnover level of as much as 400m RON (95.2m euros).
Eni Romania, the former Agip, the domestic subsidiary of Italy's giant Eni, the world's fifth largest oil corporation, says it saw fuel sales go up in the first three months of the year despite the unfavourable market context. Eni Romania manages Agip filling station network domestically. "In the first three months of this year, we managed to sell around 8-9% more oil products, mainly as we expanded our filling station network after integrating the units taken over from MOL. As for the entire market, though, last year's decline continued this year, reaching 6% in the first three months, but starting March sales began to pick up," says Nicola Meuli, general manager of Eni Romania. In late February, Eni decided to change the name of its domestic subsidiary from Agip to Eni Romania. According to company data, the 2010 overall investment budget will amount to 22m RON (