Type joint stock company Products Oil Headquarters Kotor Founded 1947 Parent organization Hellenic Petroleum | Industry Petroleum Website www.jugopetrol.co.me Revenue 127.4 million EUR (2014) Number of employees 200 (2012) | |
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Jugopetrol AD Kotor (MNSE: JGPK) is the largest petroleum company in Montenegro.
The company was established in Kotor on 12 April 1947 at the early beginnings of oil operations in the former Yugoslavia.
The company started its first oil exploration in 1970. The company has a total of 38 petrol stations in all major Montenegro cities Budva, Tivat, Kotor, Bar and Podgorica.
Since 2002 Jugopetrol Kotor is owned by Greek company Hellenic Petroleum.
References
Jugopetrol Kotor Wikipedia(Text) CC BY-SA