Sector News

LUKOIL Signs Deal With Aqua Marina To Sell Unit Lukoil Eesti-

June 3, 2015
News
(RTTNews) – OAO LUKOIL, a Russia-based integrated oil and gas company, Wednesday said it has signed a sale-and-purchase contract with Aqua Marina AS to sell it 100% shares of Lukoil Eesti AS, who owns a network of 37 gas-filling stations on Estonian territory.
 
The deal will be closed upon approval from Estonia’s Antimonopoly Service.
 
The decision to sell the network in Estonia was taken as part of the effort to optimize LUKOIL’s business in petroleum-product marketing and raise the efficiency of the management system of the distribution network in the Baltic countries.
 

Join the discussion!

Your email address will not be published. Required fields are marked *

Related News

August 23, 2019

The higher purpose of being a CEO

Borderless Leadership

LinkedIn Twitter Xing EmailWhen I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon […]

August 23, 2019

As Brexit nears, Britain’s drugs, devices and pricing regulators seek the exit

Life sciences

LinkedIn Twitter Xing EmailFirm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing […]

August 23, 2019

The Simply Good Foods Company acquires Quest Nutrition for $1bn

Food & Drink

LinkedIn Twitter Xing EmailThe Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which […]

Send this to a friend