Petrol Group

Petrol Group
Company type	public company
Traded as	LJSE: PETG
Industry	Oil and gas industry
Founded	April 1947
Headquarters	Ljubljana, Slovenia
Area served	Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia
Products	petrol products
Services	service stations
Revenue	EUR 3.1 billion (2020)
Operating income	EUR 91.6 million (2020)
Net income	EUR 72.3 million (2020)
Total assets	EUR 1.79 billion (2020)
Total equity	EUR 826.7 million (2020)
Number of employees	5,275 (2020)
Website	www.petrol.eu

Petrol Group is a Slovenian oil distributing company, which is one of the largest in Slovenia and the former Yugoslavia and controls 500 petrol stations, of which there are:

318 in Slovenia;
110 in Croatia;
42 in Bosnia and Herzegovina;
15 in Montenegro;
15 in Serbia.^[1]

History

The company was established in April 1947 as Jugopetrol, in the city of Ljubljana, and renamed Petrol in 1953.

In 1974, trading in natural gas began. In 1996, the company was transformed into a joint-stock company under the name Petrol, Slovenska naftna družba, d.d. Ljubljana, and a year later the shares were listed on the Ljubljana Stock Exchange. In 1996, internationalization also began with the establishment of a subsidiary in Croatia, where the first service stations were built in 1999. The first stations in Bosnia and Herzegovina followed a year later, and in Serbia in 2003.^[2]

In 2010, the Petrol Group acquired Croatian gas company Jadranplin, which focuses on gas storage and selling of liquefied petroleum gas.^[3]^[4]