SOCAR
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SOCAR Sales Rose Ten Times In 2012 To EUR52.2M
Azeri state-run oil company SOCAR registered sales of EUR52.2 million in Romania last year, up ten times from EUR5.5 million in 2011, supported by the expansion of its local gas station netw...
SOCAR Opens Its 15th Gas Station In Romania
Azeri state-run oil company SOCAR has opened its 15th gas station in Romania Tuesday following an investment worth about EUR1 million, and earmarked EUR50 million to further expand its local...
Romania Makes Oltchim Takeover Proposition To SOCAR
Romania’s government made a proposition to Azeri state-run oil company SOCAR to take over state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO), which entered insolvency at the beginnin...
SOCAR Plans To Open 20 Gas Stations In Romania In 2013
Azeri state-run oil company SOCAR plans to expand its Romanian gas station network by another 20 units in 2013, the company’s general manager Hamza Karimov said Thursday at ZF Power Summit '...
SOCAR Expands Romanian Gas Station Network To 14 Units, Plans New Openings
Azeri state-run oil company SOCAR has expanded its Romanian gas station network to 14 units and plans new openings in 2013.
SOCAR Opens New Gas Station In NE Romania
Azeri state-run oil company SOCAR on Monday opened a gas station in Suceava county, bringing its network in eastern Romania to 13 units.
Azeri SOCAR To Invest EUR50M In Romania Network Expansion
Azeri state-run oil company SOCAR plans to expand its gas station network in Romania to 40 units by year-end and will allocate around EUR50 million for the new investments, Hamza Karimov, ge...
Gazprom, SOCAR To Battle Local Heavyweights For A Slice Of Romania's Fuel Retail Market
Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies.
Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations
OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiar...