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International Internet Magazine. Baltic States news & analytics Tuesday, 09.06.2026, 13:04

Gulfstream Oil turnover grew by 37.9% in 2011

Alla Petrova, BC, Riga, 10.08.2012.Print version
Aviation fuel supplier Gulfstream Oil operated with LVL 40.37 million in turnover in 2011, 37.9% more than in 2010, when the company turned over LVL 29.72 million, according to Firmas.lv information.

Gulfstream Oil profit amounted to LVL 457,977, nearly the same figure as in 2010, when the company earned LVL 459,069 in profit, writes LETA.

 

Last year, the company's turnover was made up by fuel exports – LVL 40.25 million and sales in Latvia – LVL 120,275.

 

In the future, Gulfstream Oil plans to increase its turnover and client numbers.

 

Gulfstream Oil was registered in 1993. The company's basic operations include oil product supply, purchase and refueling Latvian and foreign airlines.






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