petrol stations overseas
petrol stations in Greece
A Group with activities in
(Greece, Cyprus, Bulgaria, Serbia, Montenegro, North Macedonia)
The Group (registered headquarters at 8A Chimarras Street, Maroussi, Athens) comprises 43 companies, including the parent company, which is listed on the Athens and London Stock Exchanges. The list of subsidiaries, the nature of their business, the shareholder composition, the percentages of ownership and other relevant information, are presented at “Board of Directors’ Consolidated Annual Financial Report for 2019”. The legal form of the Group is the result of the initial merger that took place in 1998 when the parent company was first listed, as well as subsequent corporate transactions (acquisitions).
6,65 million ㎥
Storage tanks for crude oil and petroleum products located in Greece with a capacity of 6.65 million ㎥
lubricant production and packaging plants
23 Aircraft refueling stations
at the main airports
Fuel storage and distribution facilities
Main activity is refining (representing approximately 75% of the Group’s total assets)
Covering 65% of Greece’s refining capacity
The Group enjoys a leading position in domestic marketing through its subsidiary HELLENIC FUELS & LUBRICANTS SA (EKO SA), which is active in the domestic retail market and sales of LPG, industrial, aviation & bunkering fuels, and lubricants.
8,857 mil. €
572 mil. €
share price (31.12.2019)
185 mil. €
in net profits
in financial costs in last three years
To be a competitive, extroverted and competitive Energy Group that will be a pioneer in the promotion of Sustainable Development and Energy Transition.
“Energy for Life”
To produce and offer top-class, innovative and competitive products and services in the field of energy, serving our clients in the Greek and international market with effectiveness and consistency.
- Safety is always our Top Priority
- We are planning and operating towards achieving the goals of the Group’s Sustainable Development, acting responsibly towards the Society and the Environment
- We are applying high standards of Corporate Governance with Reliability and Transparent Procedures
- We are creating Value for our Shareholders and focus on the constant Improvement of our Results and Cash Flow
- We are providing Value to our Customers and are contributing actively to the Development of Local Societies
- We are respecting our Colleagues and Partners, promoting Meritocracy and Participatory Procedures while securing Equal Opportunities.
- We are constantly strengthening Extroversion and are improving Competitiveness.
- We are investing in the Development and Incorporation of New Technologies and Innovation, and are constantly improving our Knowhow through International Collaborations and Educational Programmes.
The Group’s main activity is conducted by three refineries in Aspropyrgos, Elefsina and Thessaloniki, with a capacity of 6.65 million m3, which account for approximately 65% of the country’s total refining capacity.
The Group is active in the marketing of petroleum products both in Greece and abroad through subsidiaries (Cyprus, Bulgaria, Serbia, Montenegro and North Macedonia).
In Greece, the Group has over 1,700 EKO and BP branded petrol stations, of which more than 240 are COMO while 300 EKO branded outlets operate abroad.
The consolidated company has the most comprehensive fuel supply network with:
Crude oil supplies are coordinated centrally and are covered by term contracts and spot purchases.
The accessibility of the Group’s refineries and their flexibility to process a wide variety of types of crude are key competitive advantages that prove to be particularly important for both the profitability and the ability of the Group to respond to abrupt reductions in the supply of specific types of crude, ensuring the uninterrupted supply
Petrochemical activities focus on the production and marketing of polypropylene, BOPP films and solvents. The sector also includes the marketing of imported plastics and chemicals.
Based on contribution to the Group’s financial figures, the propylene-polypropylene BOPP product chain constitutes the main activity in petrochemicals. The polypropylene production plant in Thessaloniki is mainly supplied by propylene produced at the Group’s refinery in Aspropyrgos. Polypropylene production is based on Basell technology, which is considered one of the leading technologies globally. Part of the production of the produced polypropylene is the raw material for the BOPP film production unit in Komotini (DIAXON S.A.).
The company monitors and participates in developments in the field of Hydrocarbon Research and Production in Greece by submitting bids on international government tenders for the acquisition of rights in selected areas either independently or in a consortium with other international companies in the sector, also taking into account market conditions.
The areas of activity in Greece are:
ELPE RENEWABLES S.A. was founded in 2006 and is a 100% owned subsidiary of HELLENIC PETROLEUM Group. The company has set the goal of developing a significant installed capacity from wind, photovoltaic and biomass in the coming years, diversifying the Group’s energy portfolio and contributing to balancing the Group’s greenhouse gas emissions.
The following projects are currently in operation:
The activities in the fields of power generation and natural gas concern the participation of the Group in ELPEDISON BV (50% HELLENIC PETROLEUM S.A., 50% EDISON) and DEPA S.A. (35% HELLENIC PETROLEUM S.A., HRADF, 65%) respectively. ELPEDISON S.A. is today the second biggest independent producer of electricity in Greece with two combined cycle gas turbine plants of a total installed capacity of 810 MW (plant in Thessaloniki with a capacity of 390 MW in operation since 2005, plant in Thisvi Viotia with a capacity of 420 MW in operation since 2010).
ASPROFOS is a Group subsidiary and is the largest Greek provider of technical (engineering) and energy consulting services in S.E. Europe. It operates in accordance with internationally recognised standards and practices and has received the ISO 9001, ELOT 1429, ISO 14001 and OHSAS 18001 certifications.