The total volume of fuel sold by MOL Romania in the first quarter of 2009 fell by 5.8 per cent compared to Q1 of 2008, the reason being the economic crisis, the company says according to Agerpres. In part, the decrease is also explained by the fact that, in Q1 2008, the product portfolio of MOL Romania also included the leaded petrol Eco Premium, a product that was withdrawn in April 2008. MOL says that, without that specific reduction of the portfolio, the Q1 decline was by only 3.5 per cent.
MOL Romania ahs preserved approximately the same market share it had in 2008 with a slight drop from 11.3 per cent in Q1 2008 to 10.8 per cent in Q1 2009. The segment of fuel sales to corporate customers was also affected by the economic conditions and registered a volume fall by 14.1 per cent in Q1 2009 compared to Q1 2008. In Q1 2009, the performance of the MOL Romania filling stations were less affected by the global financial crisis and actually had a 2 per cent growth in RON, year-on-year. Despite the adverse economic context, MOL Romania has paid special attention to its organic growth.