Petro Welt Technologies AG revised revenue guidance for the year 2020. The major impact of COVID-19 on the economy has led to a reduction in the demand for oil products. As a result, the company has further reduced its forecast of the expected revenues for the fiscal year 2020 to EUR 255 million to EUR 260 million, based on an average exchange rate of RUB 92 per euro to be expected in the fourth quarter of 2020.