Petrom (SNP.RO), the biggest company on the market posted growth of business and profit, even though the market it operates on continued to go down. Repeated pump price hikes and cost cuts, however, helped it turn in its favor a demand that refused to grow despite tentative economic rebound since the beginning of the year.

Although admitting that one of the factors that caused the drop in demand in terms of volume was precisely the rise in pump prices, Petrom officials say that the often mentioned fuel price freeze could have adverse effects on the economy as a whole.

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