Croatia: Crodux oil company increases profits

, SEE Energy News

According to the Croatian media, the companies within Crodux group recorded a profit of 8.25 million euros in 2015, which is twice more than in 2014.

The company ―Crodux derivati dva‖ increased its revenues by 2.4 % compared to 2014 to some 387 million euros, while its profit has risen to a record 5.66 million euros, 3.56 million euros more than in 2014. The company currently has a network of 65 petrol stations in Croatia with some 800 employees.

The second company within the group, Crodux gas is trading natural gas, liquefied natural gas (LNG) and electricity. Last year, its revenues fell to 86.8 million euros, which is 23.7 % less than a year before, but its profit increased by 47.5 % to 2.6 million euros, transmits