Activities of the company
In February 2018, Petrol d.d., Ljubljana became a 76-percent owner of Mbills d.o.o. The company operates under the Petrol mBills brand, which stands for paperless and cashless payments. The app is an open mobile payment platform based on the mobile wallet. It can be used for paying bills at the cash desk, monthly bills, online shopping, money transfers and much more. In April 2020, Petrol d.d., Ljubljana increased its ownership interest in Mbills d.o.o. from 91.04% to 100%. In 2020 the company generated EUR 1.9 million in sales revenue, its net profit or loss for 2020 totalling EUR -1.8 million. The net profit or loss attributable to Petrol d.d., Ljubljana amounted to EUR -1.8 million.
The company's equity totalled EUR 5.7 million as at 31 December 2020.