Petrol Crna Gora MNE d.o.o.
The main activity of the company is the sale of petroleum products and other merchandise in Montenegro.
Activities of the company
The company’s principal activity is selling oil, merchandise and services in Montenegro. It was formed when the company Petrol Crna Gora d.o.o. Cetinje was legally and formally merged into the company Petrol Bonus d.o.o. in July 2012. The merger resulted in a new company called Petrol Crna Gora MNE d.o.o. In 2018 it sold 43.5 thousand tons of petroleum products and LPG, up 21 percent from 2017. In total, it generated EUR 54.5 million in sales revenue in 2018, an increase of 26 percent from 2017. Out of this amount, EUR 51.9 million was generated from the sale of petroleum products and LPG and EUR 2.4 million from the sale of merchandise. The company’s operating profit stood at EUR 1.4 million in 2018, which was on a par with the previous year. Its net profit for 2018 totalled EUR 1.3 million, up 1 percent on the previous year. Petrol Crna Gora MNE d.o.o. operated 11 service stations at the end of 2018.
The company’s equity totalled EUR 22.0 million as at 31 December 2018.