Petrol AD is a Bulgarian oil distribution company which maintains the largest network of filling stations in the country, consisting of more than 330 retail outlets, 80 petrol depots and three petrol port terminals.[1] The company was established in April 1932, in the capital city of Sofia, and privatized in 1999. Currently, Petrol AD is a joint stock company engaged in storage, transportation and retail of fuels and petrol products.[2] Petrol AD has adopted a two-tier management system, with a Management Board and a Supervisory Board.[3]
History
Established in 1932,[4] Petrol AD occupies a leading position in the distribution of fuels and oils in Bulgaria. With more than 330 petrol stations under the Petrol brand, evenly distributed throughout the country, the company has the most developed fuel distribution network in the country. Today, the company is among the largest Bulgarian public companies by market capitalization.