Neste Oil's sale of its Polish retail stations to Shell closed
The Polish competition authorities have approved Neste Oil’s sale of its Polish station network (Neste Polska SP, Z.O.O.) to Shell. The transaction covers a total of 105 unmanned stations and marks the end of Neste Oil’s retail operations in Poland.
Neste Oil announced the divestment of its Polish stations for the first time on 13 December 2012.
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world’s leading supplier of renewable diesel. Neste Oil had net sales of EUR 17.9 billion in 2012 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki.
Oil Retail in brief
Neste Oil’s Oil Retail business area operates a network of 1,030 stations and acts as a key marketing channel for Neste Oil’s premium-quality, low-emission products. Oil Retail’s goal is to be the leader in its selected markets, and is a major marketer and supplier of petroleum products in Finland, Northwest Russia, Estonia, Latvia, and Lithuania.
Source: Neste Oil Corporation
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