About Rottco
ROTTCO operated exclusively in Romania and has its headquarters in Bucharest. The company has a solid and well-structured network of clients and business partners throughout Romania.
In just a decade, ROTTCO managed to secure its place among the top 10 companies that operate on the highly competitive and dynamic fuel and petrol-based wholesale and retail distribution market. The company relentlessly follows its development strategy based on honesty, competence and innovation.
ROTTCO’s team members have a deep understanding of the wholesale fuel distribution market and the clients’ needs and requirements that shape it. Each member of the ROTTCO team has more than 12 years of sales and operational experience in multinational oil companies as well as specific business development expertise. In addition, ROTTCO’s team benefits from the specialized support of IT, financial, legal and communication experts.
ROTTCO’s operational structure is similar to any other major wholesale fuel trader: a strong sales division with representatives throughout Romania; risk management division; back office; sales and bought ledgers, etc.
ROTTCO’s suppliers and business partners are major companies that deliver on time top quality products at competitive prices, have most innovative working procedures and abide by the highest environment standards.
Financial data
ROTTCO’s turnover for 2015 was just over 100 mil Euro, slightly higher than the previous year.
As part of its business philosophy, to cultivate long-term business partnerships, ROTTCO managed to build and maintain solid relations with an array of major bank and financial institutions that, in turn, allowed us to efficiently and successfully bankroll our daily operations as well as our development programs.
Our main partner banks are: Piraeus, BRD-SG, Banca Transilvania, Credit Europe Bank, Bancpost, CEC Bank.
Quality certification
Recognition of the quality management system was certified in 2012 according to international standards ISO 9001.
Logistics
Our motto, „Trading on Time” is a promise that we made to our clients and business partners that we are going to strictly meet our delivery deadlines and to be able to offer the best price based on the quotations of the moment.
The promise stands on a remarkable logistic system that we would have not been able to run in the absence of long term contracts and agreements concluded over the years with local freight and transportation companies, custom agents and inspectors, etc.
Our expert team minutely supervises all the international road, rail or naval freight and delivery matters, deals with all the custom related documentation, always keeping a vigilant eye on the quantity and the quality of the goods.
We pay special attention in order to make sure that all our products meet all the EU quality and environment standards.
Risk management
Risk management has a pivotal role in any successful transaction on crude and oil products markets and therefore risk management has been one of the cornerstones on which ROTTCO has built its successful business.
Our expertise in this field allows us to use and take advantage of all risk management tools such as spot, forex, futures, hedging, swap and other derivatives.
The end beneficiaries of our wise risk management work are our customers that may have access to quality products at competitive price beating the market hikes and thus reducing their commercial risks.
Rottco in press
Ziarul Financiar – English
Paul Pop, former commercial manager at Rompetrol Downstream, sold EUR150 million worth of gasoline and diesel oil last year through his company Rottco Consult, an independent distributor oil products.[read more on www.zf.ro]
Mission
ROTCCO’s services and products help Romania’s economic development and growth. Every gallon of petrol or gasoline that we deliver is the blood that sets in motion hundreds of small and medium-size local businesses all over Romania. The heating fuel that we distribute allows children to go to school and hospitals to operate, while some roads connecting major cities or small villages are travel-worthy due to the bitums provided by ROTTTCO. Leaving the profit aside – the duties and taxes we pay to the state’s coffers – it is vital for us to know that our effort has somehow contributed to the well-being of local communities and thus we improved the living conditions and the comfort of hundreds of thousands of Romanians.
Facts
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The Company market share in 2013 was 16 % from the big distribution companies segment of the market wich is around 750,000 tonnes petrol yearly.
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Sales volume for 2013 is approximately 120,000 tons of oil products.
Values
The values that we believe in and abide by are simple and common to all true business people:
- Honesty
- Respect for clients and suppliers alike
- Respect for local communities and the environment