Kesko will discontinue operating the Neste K service stations, as the role of grocery trade at the stations has diminished. Kesko currently handles the grocery trade operations and additional services at the Neste K stations. The aim is for the station services to continue as Neste services. The changes will not impact the rest of Neste's network of stations or services offered there.
Focus on core businesses has been a central part of Kesko's growth strategy in recent years, and withdrawing from operating service stations is a natural continuation for this.
For Kesko, the Neste K service stations are part of the grocery trade business. Grocery sales at the stations have decreased significantly after legislation on store opening hours in
Kesko plans to withdraw from operating 64 Neste K service stations by the end of 2024. The stations will continue as a service offered by Neste.
The Neste K retailers will be offered the chance to continue in the Neste chain. The retailers will also be asked whether they would be interested in becoming retailers for
According to Neste, the planned changes will not impact the rest of its network of service stations. The Neste service stations will continue to be part of
Further information:
Contacts regarding Neste: Neste media desk, tel. +358 800 94025, media@neste.com
(Mon-Fri
Kesko and K-retailers together form
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. As the world's leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030. The company's ambition is to make the Porvoo oil refinery in
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