Jugopetrol AD Kotor Information

Jugopetrol AD Kotor was established on April 12, 1947, with its Headquarters in Kotor, as a company for production and trade of oil and oil products. It has started operating with very modest assets and resources at the earliest beginnings of oil industry in the former Yugoslavia. Since October, 2002 Jugopetrol has been a member of large Hellenic Petroleum Group. After SP Agreement had been signed, Hellenic Petroleum, highly renowned and well-know Greek oil Company, became the majority shareholder of Jugopetrol AD Kotor. Since then, the retail network of the Company is operating under the commercial brand "EKO", well-known and respected in eight countries of the South East Europe region. More than 60 years have passed from the establishment of the Company and Jugopetrol has been and still is the part of the identity of Montenegro. The Company has passed through various phases of transformation and has been growing and developing together with the growth and the development of the country’s economy, road network, tourism and other industries. It has grown into a large and powerful company passing through many organizational and operational transformations.