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NTOIY Neste OYJ (PK)

9.00
0.02 (0.22%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Neste OYJ (PK) USOTC:NTOIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.02 0.22% 9.00 8.81 9.07 9.00 8.88 8.96 184,714 21:29:42

PKN Orlen on Lookout for More Gas Stations, Eyes Neste Chain

26/07/2012 1:15pm

Dow Jones News


Neste OYJ (PK) (USOTC:NTOIY)
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From Jun 2019 to Jun 2024

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By Marynia Kruk

WARSAW--Poland's largest fuel refiner, PKN Orlen SA (PKN.WA), is always interested in buying gas stations and will look at a chain of Polish self-service stations that Finnish oil refiner Neste Oil Oyj (NES1V.HE) is considering selling, Chief Financial Officer Slawomir Jedrzejczyk said Thursday.

He said that from PKN Orlen's point of view, it would be important for the locations of the Neste stations to allow the construction of small grocery stores that are typical of Orlen stations.

The sale of non-fuel products, like snacks and alcohol, has been a profitable strategy for PKN Orlen stations in recent years.

Write to Marynia Kruk at marynia.kruk@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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