Hellenic Petroleum S.A.
Company Information

Hellenic Petroleum S.A. Company Profile

It's not refined Greek thought, but refined Greek oil that makes Hellenic Petroleum the leading oil refining company in Greece and neighboring Macedonia. Greece's largest company, Hellenic Petroleum operates four refineries: at Aspropyrgos, Elefsina, and Thessaloniki in Greece, and Skopje in Macedonia. It also operates about 1,525 gas stations in Albania, Bulgaria, Cyprus, Georgia, Greece, Montenegro, and Serbia. It has 1,200 gas stations in Greece (23% of the retail market). Its other businesses include petrochemical production, oil and gas exploration, and infrastructure development. Hellenic Petroleum is owned by Paneuropean Oil and Industrial Holdings S.A. (35.89%) and the Greek government (35.5%).