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Dynamic Private Firm Providing Expert Diesel Distribution
DG Petrol has been evolving with the Romanian economy. The company has achieved remarkable growth over the past two years, increasing its turnover from around €55 million in 2007 to €116 million last year, following its switch from focussing on the transport sector to concentrating on the distribution of oil products. DG Petrol anticipates turnover of around €140 million for 2009.
Dan Igniska, Director and majority shareholder in the company, explains DG Petrol’s success story. He says, “The main advantage we have is our good approach for doing business. We have been active in the oil sector since the 1980s, when many of us activates in the only oil company involved in oil imports and exports under the communist government, Petrolexportimport. This helped us when the system changed. So over the years we have built on our knowledge in the oil trade a solid network within the sector. However we understand that the business environment will change and we are flexible and willing to learn in order to adapt.”
DG Petrol is very committed to implementing EU standards. “We aim to show our partners that we are reliable and that we comply with all EU regulations concerning investments and technologies. We are focussing on maintaining EU technical and environmental standards, and on strengthening our EU relationships in every way,” Dan Igniska says.
Expanding distribution network of depots and oil terminals
DG Petrol aims to continue to expand its network of depots and terminals from the current seven to 10 to 15, and is planning to expand its network of service stations around the country. Final goal is to become one of the top five retailers.
The company continues to provide transport services; it imports cargo from Constanta which it then transports on the upper Danube and by rail and road. “We are investing in the whole logistics chain,” Dan Igniska says. He explains that DG Petrol handles transport in Romania, as well as to Bulgaria, Serbia, and is looking to form partnerships in other countries.
DG Petrol will continue to provide high-quality services and to expand regionally, and it welcomes the support of investors. Dan Igniska says, “We are a dynamic, serious, ambitious company which is a reliable supplier and which provides quality services. We have long-term projects, and rather than wait for the market to pick up, we will continue to develop. We have recently undergone a branding campaign to strengthen our position; this has included the rebranding of our filling stations and creating DG PETROL own top trade mark products. We are constantly trying to improve the quality of our products and thus to help our clients improve their businesses.”