The Petrol Zagreb Group
The company is engaged in the sale of petroleum derivatives, petroleum products and other merchandise in Croatia.
Activities of the company
Petrol d.o.o. is a 100 percent owner of Petrol javna rasvjeta d.o.o. and a 75 percent owner of Adria-Plin d.o.o., which was acquired through the purchase of the rights and assets of Crodux Plin d.o.o. In September 2019, Petrol d.o.o. purchased Crodux Plin d.o.o.’s LPG operations, while in January 2020, it acquired its electricity-trading operations. In October 2021, Petrol d.d., Ljubljana, after fulfilling the suspensive conditions, completed the acquisition of a 100 percent interest in the company Crodux derivati dva d.o.o. With the acquisition of Crodux derivati dva d.o.o., the Petrol Group acquired 93 service stations in Croatia. The Petrol Zagreb Group is active on the Croatian market in the sale of fuels and petroleum products, merchandise and services, and energy and solutions.
On 2 November 2022, Crodux derivati dva d.o.o. was merged into Petrol d.o.o.
In 2022, the Petrol Zagreb Group sold 1,228.9 thousand tons of fuels and petroleum products, up 41 percent on the previous year. In 2022, the Petrol Zagreb Group generated a total of EUR 1,484.5 million in sales revenue, which is 102 percent more than in 2021. The Group generated EUR 1,507.9 million of sales revenue from the sale of fuels and petroleum products, EUR 136.4 million from the sale of merchandise and services and EUR 35.8 million from energy and solutions. Its operating profit stood at EUR 0.3 million in 2022, a decrease of EUR 30.3 million from the previous year. The Group’s net profit for 2022 totalled EUR -4.3 million, a decrease of EUR 24.8 million from 2021. The Petrol Zagreb Group operated 202 service stations at the end of 2022. The group’s equity totalled EUR 243.9 million as at 31 December 2022.