Parallel has opened its first filling station in Kyiv (Kiltseva Road, 6B), the company’s website reports.
It has five fuel dispensers and offers the necessary modern services. In total, this is the 11th Parallel filling station in the capital region and the 31st in the network.
According to the report, the company plans to further develop the network both by opening new filling stations and expanding the number of partner complexes operating under the Parallel brand.
“The new complex has become a symbol of renewal for us – we have lost about 80% of all filling stations in eastern Ukraine, but this does not stop us. Ukrainians never give up, no matter what difficulties they face,” said Parallel owner and CEO Alexander Dubinin.
As reported earlier, in the fall of 2020, Rinat Akhmetov’s SCM financial and industrial holding sold the Parallel filling station chain to Naftainvest 2020 LLC. At that time, the company sold its fuel at 60 filling stations in Dnipropetrovska and Zaporizka oblasts and the government-controlled areas of Donetsk and Luhanska oblasts.
According to opendatabot, Parallel-M LTD, whose ultimate beneficiary is Oleksandr Dubinin, increased its revenue by 1.9 times to UAH 4.831 billion in 2023 and posted a net loss of UAH 0.978 million, compared to UAH 1.624 million in net profit in 2022.
In 2023, the company’s liabilities increased to UAH 4.018 billion compared to UAH 1.913 billion in 2022, and its assets increased to UAH 4.532 billion compared to UAH 2.369 billion in 2022.
Rinat Akhmetov’s SCM Financial and Industrial Holding has sold its Parallel fuel filling station network, according to Encorr, an online industry publication citing sources.
According to the publication, the buyer was not an active player in the retail market, but either a wholesale trader or the owner of a small network wishing to develop this direction.
At the same time, the press service of SCM did not comment on the reliability of the report about the sale of their filling stations to the Interfax-Ukraine agency.
“We do not comment on rumors and assumptions about any deals,” SCM spokesman Yevhen Buzykin said.
Parallel sells its fuel at 60 fuel filling stations and gas stations in Dnipropetrovsk, Zaporizhia regions and the territory of Donetsk and Luhansk regions controlled by Ukraine.
Parallel-M LTD is controlled by Parallel Nafta Ltd., a subsidiary of Rinat Akhmetov’s SCM Group.
