Saturday, February 6, 2016

Lukoil sells all petrol stations in Poland, Lithuania and Latvia. Guilty of “anti-Russian”? – Polish Radio

The transaction is expected to be finalized in the second quarter of this year after the approval of antitrust express service in those countries – according to a statement.


 

Sales wramach optimize the structure of the concern in European countries

 

It is reported there that the decision to sell the network in Lithuania, Latvia and Poland, was taken under the program to optimize the structure of retail assets Lukoil in European countries.

According to the agreement, Lithuania and Latvia petrol station networks to manage the company UAB Luktarna and AS Viadana Baltija. They are associated with the management of UAB Lukoil Baltija.


 

in 2015. Sales took stations in Ukraine

a party to the agreement with the Austrian company is owned by Lukoil Europe BV Holdindgs. Austrian AMIC already bought petrol stations Lukoil. As noted by the portal RBK, in 2015 the company has entered into a transaction for the purchase of Lukoil-Ukraine, which included all the assets Lukoil Ukraine, including more than 240 petrol stations in the country.

At the end of December, Lukoil announced sale a network of petrol stations in Lithuania and Latvia. President of the company Vagit Alekperov said in an interview that the company sells its assets in those countries, “as anti-Russian sentiments prevail here.”

Earlier, LUKOIL withdrew from Estonia and sold the station network in the Czech Republic, Slovakia and Hungary.


 

PAP, jk

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