Prague, 20 of January 2016- Unipetrol RPA, represented on the retail market via Benzina brand, concluded an agreement with the Austrian OMV to acquire 68 of its filling stations in the Czech Republic. The transaction will significantly strengthen Unipetrol position on the Czech market and bring the company one step closer to achieving demanding strategic goal of reaching a 20% market share by 2017.

'The successful completion of acquisition process will confirm Benzina brand unquestionable leadership on the fuel retail market in the Czech Republic' - says Marek Świtajewski, Unipetrol CEO and chairman of the board. 'The transaction will also allow more efficient utilization of the larger refinery capacities acquired by Unipetrol earlier due to acquisition of refining assets from Shell and Eni - Switajewski adds.
Unipetrol RPA currently operates under Benzina brand 339 fuel stations in the Czech Republic. After the transaction the network will expand to over 400 stations and the transaction will help to further strengthen Benzina brand market position. The larger sales network will also improve distribution of the Verva premium fuels and expansion of the STOP CAFE fast food concept. The acquisition process should be finalized within the next two years.

Completion of the transaction is subject to the fulfilment of certain pre-conditions, among others obtaining of the necessary approval by the antitrust authorities.

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UNIPETROL, a.s. controls companies, which are active in the petrochemical industry in the Czech Republic. In 2005, UNIPETROL became part of PKN ORLEN Group, the largest processor of crude oil in Central Europe. The UNIPETROL Group is mainly focused on processing of crude oil, distribution of fuels and petrochemical production. In all of these areas, the UNIPETROL Group is an important player in the Czech Republic and also on the market in Central Europe. In the Czech Republic, the group is one of the most important companies with regards to turnover and employs approximately 3,800 people.

Contact:
Mikuláš Duda
Press Department Manager, UNIPETROL, a.s.
Phone: +420 225 001 407, +420 736 502 520
E-mail:mikulas.duda@unipetrol.cz

Unipetrol a.s. issued this content on 2016-01-20 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-20 13:23:04 UTC

Original Document: http://www.unipetrol.cz/en/media/pressreleases/Pages/Unipetrol_RPA_to_take_over_OMV_ fuel_stations.aspx