Petrol Geo d.o.o.
The company is engaged in mining drilling and repairing of gas, oil and geothermal wells, with the production of natural gas and oil, the production of heat from geothermal wells and the management and development of district heating systems based on geothermal resources.
Activities of the company
Petrol Geo d.o.o. was established in July 2018. In October 2018, mining services consisting of the drilling and maintenance of gas and oil boreholes, including the extraction of natural gas and oil, were transferred from Petrol Geoterm d.o.o. to Petrol Geo d.o.o. In December 2018, Petrol Geoterm d.o.o. was merged into Petrol d.d., Ljubljana (the production of heat from geothermal boreholes; management and development of district heating systems based on geothermal boreholes).
Petrol Geo d.o.o. generated EUR 3.4 million in sales revenue in 2021, up 2.1 percent on the previous year. The company's operating profit stood at EUR 2.2 million in 2021, an increase of EUR 2.4 million from the previous year. The company's net profit for 2021 totalled EUR 1.3 million, a year-on-year increase of EUR 1.9 million.
The company's equity totalled EUR 2.2 million as at 31 December 2021.