Tag: fuel distribution

Nestro Petrol achieved profit in H1 2017 – Bosnia and Herzegovina, 2 August 2017

Bosnian fuel retailer Nestro Petrol, a part of Optima Group, announced that it has recorded a net profit of 1.42 million euros in the first half of 2017, compared to a loss of almost 400,000 euros in the same period last year. According to the company’s financial statement, its operating income increased significantly in the […]

Independent fuel retailer opened the largest petrol station in the country – Romania, 25 July 2017

An independent fuel distributor – ETU Oil & Gas has opened the largest petrol station in Romania. It is the third petrol station operated by the company and it is located on the DN1 national road, between Brasov and the capital Bucharest. ETU Oil & Gas is the fuel division of the local company Neptun […]

Turkuaz Petrol to invest 100 million dollars in its retail network – Turkey 2 June 2017

Turkish fuel retailer Turkuaz Petrol, which network reached over 700 petrol stations after the acquisition of the distribution network of Turkish Petroleum, announced that it will invest 100 million dollars in new petrol stations and brand adaptation of existing ones. General Manager of Turkuaz Petrol Cagdas Demirag said that the aim is to merge the […]