Neste Oil opens its first service station in Veliky Novgorod in Russia

Neste Oil Corporation, Oil Retail
Press Release
28 April 2010 at 1 pm (EET)

Neste Oil opens its first service station in Veliky Novgorod in Russia

Neste Oil has opened its first service station in Veliky Novgorod on the motorway linking St. Petersburg and Moscow. The official opening of the station was held on Wednesday, 28 April.

"The new station is part of our program to strengthen our position on the Russian market by expanding our station network," says Panu Kopra, Neste Oil's Vice President, Baltic, Polish, and Russian Operations.

The new station features a convenience store and car wash and coffee shop facilities, together with an extensive forecourt, and will employ 15 people. Founded more than 1,000 years ago, Veliky Novgorod has a population of over 200,000 and is located some 250 kilometers from St. Petersburg and 550 kilometers from Moscow.

Neste Oil's network in Russia includes 41 service stations and 13 unmanned stations. Reliability, quality products, and a high standard of service are central to the company's competitiveness in Russia.

In addition to its home base in Finland, Neste Oil is a major retail supplier of petroleum products in Northwest Russia, Estonia, Latvia, Lithuania, and Poland. The company has operated in these markets since 1990 and currently has a total of some 300 stations there.

Neste Oil Corporation
Silja Metsola
Communications Manager, Oil Retail

Further information: Panu Kopra, Vice President, Baltic, Polish, and Russian Operations, tel. +358 (0)50 458 9444

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company is the world's leading supplier of renewable diesel. Neste Oil's refineries are located in Porvoo and Naantali and have a combined crude oil refining capacity of approx. 260,000 barrels a day. The company had net sales of EUR 9.6 billion in 2009 and employs around 5,100 people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.

Neste Oil has been selected into the Dow Jones Sustainability World Index and awarded 'Best in Class' recognition for its social accountability by Storebrand. The company is also featured in the Ethibel Pioneer Investment Register and included in Innovest's Global 100 list of the world's most sustainable corporations. Forest Footprint Disclosure (FFD) has ranked Neste Oil as the best performer in the oil & gas sector. Further information: www.nesteoil.com.