Petro Welt Technologies AG is a leading OFS company in Russia and the CIS. The main activities include hydraulic fracturing, sidetrack drilling, drilling and remedial as well as auxiliary services in Russian Federation and in Kazakhstan.

The top priority of the company is communication with its shareholders based on the principle of complete transparency.
Key financial highlights
in TEUR
2013 2014 2015
Number of jobs 4 006 4 489 4 975
Fracturing 3 772 4 231 4 688
Drilling 234 258 287
Revenue 426 583 412 115 322 475
Gross Profit 107 397 91 951 51 006
EBITDA 85 390 113 171 81 489
EBITDA margin, % 26,9% 27,5% 25,3%
EBIT 114 945 67 901 30 963
EBIT margin, % 15,1% 16,5% 9,6%
Group net profit 64 571 54 109 20 304
CF from operating activities 50 840 80 140 67 328
Working capital 74 965 92 689 93 217
Net debt to EBITDA 0,2 0,9 1,3