Oil Market and Logistics Excellence
NEOT Group specializes in oil and bioproducts wholesale and in the Nordic countries we supply annually roughly 7 billion liters of oil products to large service station chains St1, ABC and Shell. Several thousand Finnish homes and companies are heated by oil delivered by NEOT. In addition, we supply significant fuel amounts to be used in seagoing vessels and in the aviation industry.
NEOT in a nutshell
- Owners SOK (51 %) and St1 Nordic Oy (49 %)
- Turnover in 2016: about 4.7 billion euros
- We handle annually approx. 7 billion litres of oil products
- Our service network covers around 2,000 service stations and several thousand homes and companies in the Nordics
- NEOT operators have approx. 120 tank trucks and 300 drivers at their disposal
- The distance covered annually is almost 15 million kilometres
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.