uncategorized · 5/28/2010

Neste Oil's acquisition of Lithuanian fuel stations closed

Neste Oil Corporation
Press release
28 May 2010 at 1.45 pm EET

Neste Oil's acquisition of Lithuanian fuel stations closed 

The Lithuanian competition authorities have approved the acquisition transferring 22 unmanned fuel stations from Alexela Oil AS to Neste Oil. The deal increases the number of Neste Oil's fuel stations in Lithuania to 59 and market share to approximately 15 per cent. After receiving the approval from the competition authorities Neste Oil starts integrating the new stations into its service station network.

Neste Oil has previously published a release on the acquisition on March 23, 2010.

Neste Oil Corporation

Hanna Maula
Director, Corporate Communications

Further information:
Panu Kopra, Vice President, Oil Retail, Baltic Rim, tel. +358 10 458 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: