Business news from Ukraine

OKKO INVESTS MORE THEN UAH 60 MLN IN KHERSON OIL TRANSSHIPMENT COMPLEX

After the acquisition of Kherson Oil Transshipment Complex in early 2021, OKKO Group invested more than UAH 60 million in the reconstruction of the facility, according to a press release from the company on Tuesday.
“During this period, the company has modernized a tank farm and an oil depot, which is part of Kherson Oil Transshipment Complex, built new auto-loading points, restored a fire reservoir, etc.,” the document says.
According to OKKO Group, on the territory of the oil depot, located 4.5 km from a harbor, a new auto-loading rack with an automated control system has been built, which can serve six vehicles at the same time, as well as a new pumping station.
Since a railway track is connected to the tank farm, a railway overpass for loading into tank cars also operates on its territory.
“We received an object in which no one had invested anything for years. Thus, we faced a difficult task: to make it not only economically efficient, but also technologically safe in the shortest possible time,” Vasyl Kindiy, Head of OKKO oil terminals network, said.
According to him, the company intends to carry out significant volumes of work at Kherson Oil Transshipment Complex also in 2022. In particular, an increase in the traffic flow is expected, including due to the arrangement of infrastructure for receiving bitumen tankers.
At present, Kherson Oil Transshipment Complex is capable of receiving simultaneously two tankers with a volume of 6,500 tonnes each with a period of unloading one tanker about a day.
“But already now we can say that Ukraine has got another opportunity to fill the domestic market of petroleum products with resources from the Black Sea and Mediterranean regions,” Kindiy summed up.
The OKKO Group network has 10 own oil depots, one gas pumping station, Kherson Oil Transshipment Complex, 19 stationary and mobile laboratories for quality control of petroleum products.
The group includes a network of OKKO filling stations (Concern Galnaftogaz) – one of the largest filling networks in Ukraine, which includes 420 filling complexes.
The majority shareholder of the company is Vitaliy Antonov, among the minority shareholders is the European Bank for Reconstruction and Development.

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OKKO INVESTS UAH 25 MLN IN SOLAR PANELS

The OKKO network in 2021 invested more than UAH 25 million in arranging solar panels at its filling stations, the company’s press service said.
According to its data, thanks to this they were installed at 50 more filling stations of the company, in total there are already 63 such complexes. In particular, in Lviv region – 15, in total in Kyiv region and the capital – 15, in Odesa and Zakarpattia regions – 5 in each.
In 2022, OKKO plans to continue equipping its filling stations with solar panels.
The total design solar capacities of OKKO are currently about 1.4 MW. The volumes of electricity that they are able to generate per year make it possible to save more than 1,000 tonnes of standard fuel from non-renewable sources.
The press service clarifies that the generated electricity is used to cover the filling stations’ own needs in energy resources. In summer months, their capacity is sufficient for a medium-sized filling complex to be able to fully provide itself with its own electricity.
“Our company will continue to actively develop this area. We consider it not only in the context of economic benefits, but also from the point of view of developing alternative sources of energy supply, preserving exhaustible resources, both within the company and in the country as a whole,” Vice President of OKKO for Development and Technical Support Oleksandr Hehedysh said.

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OKKO EXPANDS NETWORK TO 415 FILLING COMPLEXES

OKKO (Galnaftogaz Concern) has opened a new filling complex in Kharkiv, which became the 26th in the region and the 415th in the network.
According to the group’s press release, the new filling station has six fuel dispensers with five types of fuel, including the brands Pulls 95, Pulls Diesel, and a gas module. At the filling station there is also a shop, a cafe, and a heat showcase with ready-made meals.
Since the beginning of 2021, this is the fifth opening of a new filling station in the network: in January, June and July, OKKO opened four modern complexes in Bila Tserkva, Dnipro, Odesa and Lviv.
The OKKO filling station network is part of OKKO Group and is one of the largest filling networks in Ukraine, which numbers 415 filling complexes.
The structure of the company also includes the largest network of on-road catering establishments operating under the brands Hot café, A la minute, Pasta Mia and Meiwei. The company’s divisions are engaged in the sale of goods through stores at filling stations, the sale of petroleum products in large and small wholesale, provide services for the examination of fuel quality, storage and transportation of petroleum products.
The OKKO network has ten own oil depots, a gas pumping station, Kherson oil transshipment complex, 19 stationary and mobile laboratories for quality control of oil products.
The majority shareholder of the company is Vitaliy Antonov, among the minority shareholders is the European Bank for Reconstruction and Development.