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International Internet Magazine. Baltic States news & analytics Tuesday, 19.03.2024, 03:05

Neste Oil invests EUR 2.3 mln to expand its network of fuel stations in Riga

BC, Riga, 21.04.2015.Print version
Finnish fuel company Neste Oil has opened two new automatic gas stations in Riga, thus increasing its network of gas stations in Latvia to 64, the company informed LETA.

The new Neste Oil fuel stations in Riga have been opened on Katolu Street 4 and Kurzemes Prospekts 15a. The company has invested EUR 2.3 million in opening up these two new fuel stations.

 

Neste Latvija is a subsidiary of the Finnish oil processing and trade company Neste Oil Oy. 50.1% of Neste Oil shares belong to Finland.

 

Since the company began its operations in Latvia in the early 1990's, Neste Latvija has invested over EUR 60 million in Latvia.

 

In 2013, Neste Latvija posted EUR 327 million in turnover and EUR 5.88 million in profit.






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