Press Digest
Press digest - year 2012
 
Russian energy giant Gazprom Neft begins new series of acquisitions of assets in Bulgaria. The Commission for Protection of Competition (CPC) has received an application by the registered in country NIS Petrol, a subsidiary of the Serbian branch of Gazprom Neft, which seeks to obtain control of five companies. These are Varna-based Rekar and Varna Petrol Group, Plovdiv-based Emko-M, Silgrans in Silistra and Pazardjik-based Neftotrans 2000. Emko-M is the most serious of all companies, stated for acquisition. Currently, the company has six stations in the municipality of Plovdiv.
Source: Capital (15.05.2012)
 
Bulgarian company NIS Petrol, which is a subsidiary of the Naftna industrija Srbije and through it is part of the Russian energy giant Gazprom, has notified the Commission for Protection of Competition (CPC) for its plans to acquire further eight petrol stations in Bulgaria. This will be the fourth series of transactions that NIS Petrol realized for purchase of such sites. So far the company has been authorized by the CPC for a total of 19 stations.
Source: Capital Dily (31.08.2012)
 
Gas giants will clash for the Bulgarian market for automotive fuel. They are companies from Eastern Europe and Western Asia such as the Russian Gazprom Neft and the Kazakh KazMunayGas. Both are represented in Bulgaria through subsidiary companies. Since the spring Gazprom started buying ready petrol stations in Bulgaria through its subsidiary in Serbia NIS, which are not part of any chain. Currently the Russians have several stations in the country, as they will increase the number. According to initial plans, Gazprom aims to take a 7-8% market share in Bulgaria, which means that it would take about 90 sites. KazMunayGas operates in Bulgaria for 10 years through its Romanian subsidiary Rompetrol. Currently, the chain operates in Bulgaria through its 60 stations and an oil base in Ruse. So Rompetrol holds a market share of 8% of fuel sales in the country. In recent years, the company intends to increase its presence through new sale sites.
Source: Standart (28.09.2012)