Petrol Crna Gora MNE d.o.o.

Activities of the company

The company's principal activity is selling oil, merchandise and services in Montenegro. It was formed when Petrol Crna Gora d.o.o. Cetinje was legally and formally merged into Petrol Bonus d.o.o. in July 2012. The merger resulted in a new company called Petrol Crna Gora MNE d.o.o. In 2021, it sold 53.6 thousand tons of petroleum products and LPG, up 32 percent from 2020. In 2021, Petrol Crna Gora MNE d.o.o. generated EUR 40.4 million in sales revenue, up 68 percent from 2020. The company generated EUR 34.9 million of sales revenue from the sale of petroleum products and LPG and EUR 5.4 million from the sale of merchandise and services. Its operating profit stood at EUR 1.8 million in 2021, an increase of EUR 1.3 million from the previous year. The company's net profit for 2021 totalled EUR 1.2 million, an increase of EUR 0.8 million from 2020. Petrol Crna Gora MNE d.o.o. operated 15 service stations at the end of 2021.  
 
The company's equity totalled EUR 21.5 million as at 31 December 2021.