LJUBLJANA, Slovenia's Petrol Group took over the company Butan Osijek Ltd. engaged in the sale and distribution of liquefied petroleum gas (LPG), it was announced today from Petrol. Osijek company is now 100-percent owned by Petrol group and was renamed pxz Petrol Butan Osijek, said in a statement in which it does not specify the price of the acquisition.
Company Bhutan in the area Ernestinova owns a bottling plant gas tanks, LPG storage and filling station auto gas. The aim of the following year to reach sales of 20,000 tons, and its infrastructure, with the support of the retail network, to settle current and future needs for LPG in Slavonia and Croatian, pxz said in a statement.
"The acquisition of Osijek Bhutan is a logical step in strengthening our market position in the field of wholesale and retail LPG, but also on the whole Croatian energy market," says Aleksander pxz Svetelsek, CEO of Petrol.
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