Oil Market and Logistics Excellence
NEOT (North European Oil Trade Oy) specialises in oil and bioproducts wholesale. We supply fuels to large service station chains in Finland; more than 150,000 Finnish homes and companies are heated by fuel oil delivered by NEOT.
NEOT in a nutshell
- Owners SOK (51 %) and St1 (49 %)
- Employs approx. 70 oil and logistics professionals
- Turnover in 2012: 3.6 billion euros
- We handle annually approx. 3 million cubic meters of oil products
- The service network covers nearly 1,000 service stations and 150,000 homes and companies in Finland
- NEOT operators have approx. 200 tank trucks and over 300 drivers at their disposal
- The distance covered annually exceeds 20 million kilometres (499 times around the world)
The most significant independent fuel procurement company in the Baltic Sea region
We are the most significant independent fuel procurement company in the Baltic Sea region and actively operate on the global trading market. We offer high-quality logistics and terminal services for third parties as well; our vision is to be the most innovative and cost-efficient traditional and new fuel solutions procurement company.