Hellenic Petroleum presented its business results

Hellenic Petroleum Business Group whose member is Eko Serbia, which operates in the Serbian market since 2002 through a network of 53 petrol station, proudly pointed out the significant financial results in its main areas of business compared to the same period last year.

G-din Grigoris Stergioulis, CEO Hellenic Petroleum Grupacije

Commenting on the results of the third quarter of 2016, Mr. Grigoris Stergioulis, Group CEO, said: “Looking at the results achieved in the third quarter, we have reached a high level of achievement in all our activities. Consistent switching business performance of our refineries to the highest level consisted of a counterweight to the lower reference margins, and orientation towards sustainable export enable full engagement of our production capacities, with an emphasis on international sales. Our refineries are working to their full capacity, by achieving record quarterly production in the third quarter of 2016. The strong position of the company has led to a significant demand for the issue of new bonds, as well as lower interest rates, leading to lower financial costs. Would like to thank all employees of all our business units on their dedication and teamwork.”

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