Rezart Taçi

Biography

Rezart Taci was born and raised in Tirana, Albania. In 1998, he began a career in the trading industry of finished oil products where he worked to establish his name. Mr. Taci has established a portfolio of companies in Energy and Media. In 2003 Taci established Taçi Oil International Trading and Supply Company Sh.A (Taci Oil). At its inception the company had only six employees and leased storage facilities in Shengjin-Lezhe, a port on the northern coast of Albania. Later, Taci Oil acquired this facility and expanded operations with additional tankers and added facilities in Porto-Durrës. The combined storage for the two facilities is over 80,000 cubic meters and expanding. In 2004, Taci established Anika Enterprises S.A. (ANIKA), a Switzerland-based company acting as the trading arm of Taci Oil, to support his operations and expand his international partnerships. In 2006, Taci established KUID Sh.p.k (KUID) in order to expand into the retail sector of refined products. The company began by operating 29 petrol stations. By 2009 the network of petrol stations had expanded to 84. As of 2012 there were over 300 Taci Oil petrol stations and 1400 employees. In 2008, Taci participated in the international tender for the privatization of Albanian Refining and Marketing of Oil Sh.A (ARMO). Taci was awarded the tender and acquired 85% of the shares of ARMO. In 2013 Taçi Oil sold 80% of the assets of ARMO, the oil refining business to Heaney Assets Corporation, an Azerbaijan corporation.