LUKoil acquires Europa-Mil
LUKoil Europe Holdings, a subsidiary of LUKoil, has acquired Europa-Mil, a privately owned fuel retailer in Croatia.
LUKoil acquired nine retail outlets in Zagreb and Split, five land plots for construction of filling stations as well as an oil products railway hub with the capacity of 8,000 cubic meters on the Danube river, the city of Vukovar at the Croatian-Serbian border.
Daily average sales of oil products at Europe-Mil retail spots are 11 tons. Petroleum products will be supplied to the retail outlets by the company’s refineries located in Bulgaria and Romania. The assets will be managed by LUKoil Croatia, established in 2007. LUKoil plans to re-brand acquired assets in consistence with its corporate style by the end of 2008. (Energy Business Review)
ADVERTISEMENT
KSH Dismisses Reports of Eurostat 'Investigation'
Hungarian-American Business Chamber Established in Chicago
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
