uncategorized ยท 4/2/2013

Neste Oil's sale of its Polish retail stations to Shell closed

Neste Oil Corporation
Press release
2 April 2013 at 1 p.m. (EET)

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 Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information:
Sakari Toivola, Executive Vice President, Oil Retail, tel. +358 10 458 4450

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.