Montenegro: Lukoil Expands Network
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Friday, 23 May 2008 |
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Lukoil Montenegro has started it's development and expansion plans to
invest €15 million in new petrol stations, said Lukoil CEO Robert
Ferluga.
The company's investments in Montenegro total so far €30
million.
"Petrol stations will be built in several Montenegrin cities and towns
according to the latest world standards, a mini market, café and an
automatic carwash included.
The new development and expansion programme will see the first new service station opened by the end of May,
while another four will be opened by August" Ferluga stated. The expansion of Lukoil's business in Montenegrin
market, said Ferluga, is a part of the strategy of retail network
expansion in the regional market.
Lukoil has operations in
Serbia, FYROM, Croatia, Bosnia and Herzegovina and Montenegro. Lukoil
cooperates with Jugopetrol, which owns most petrol stations in
Montenegro.
PetrolWorld 210508
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