North European Oil Trade
VISITING ADDRESS:
Urho Kekkosen katu 5 C, 5th floor
00100 Helsinki, Finland

MAIL ADDRESS:
PL 55, 00088 S Group

Location on a map


SWITCHBOARD
phone: +358 10 768 0850
fax: +358 10 768 0859

CUSTOMER SERVICE
Weekdays 8 am to 4 pm
phone: +358 10 768 0862
e-mail: asiakaspalvelu (a) neot.fi

PRODUCT QUALITY SUPPORT
Weekdays 8 am to 4 pm
phone: +358 10 402 7001
e-mail: tuotelaatu (a) neot.fi
Copyright NEOT Group 2004-2018
 

NEOT Group

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. Hundreds of thousands 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 is the significant fuel supply company in the Baltic Sea region

We are the significant independent fuel supply company in the Baltic Sea region and actively operating 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.

NEOT Group’s turnover in 2017 was approximately 5 billion EUR.  The parent company NEOT Oy is owned by SOK and St1 Nordic Oy. The purpose of the company’s operations is to acquire fuels for its shareholders as cost-effectively as possible at a competitive price, and in a manner, that secures the relative competitive advantage of the customer chains in the market.

NEOT Oy | Finland

  • Volumes 2017: about 2.6 billion liters
  • Market shares 2017: ABC+St1: Gasoline 53.7%, diesel 33.2%, light fuel oil 23.7% (source: ÖBA, www.oil.fi)
  • Terminals: 6 terminals

NEOT Ab | Sweden

  • Volumes 2017: about 2.3 billion liters
  • Market shares 2017: St1: Gasoline 19.9%, diesel 14.5%, light fuel oil 23.5% (source: SPBI, www.spbi.se)
  • Terminals: 7 terminals

NEOT As | Norway

  • Volumes 2017: about 2 billion liters
  • Market shares 2017: St1; Gasoline 23.4%, diesel 21.5%, marine fuel 23.9% (source: St1 Annual Report 2017)
  • Terminals: 10 terminals

Volumes

  • NEOT Oy Finland

  • NEOT Ab Sweden

  • NEOT As Norway

NEOT in a nutshell

OWNERS

The parent company NEOT Oy is owned by SOK (51%) and St1 Nordic Oy (49%)

TURNOVER

NEOT Group’s turnover in 2017 was approximately 5 billion EUR.

PRODUCTS

We handle annually roughly 7 billion liters of oil products.

SERVICE NETWORK

Around 2,000 service stations and hundreds of thousands of homes and companies.

OPERATORS

Operators have around 120 tank trucks and 300 drivers in Finland.

KILOMETERS

The distance covered annually is almost 15 million kilometers.

Company structure

NEOT Group -yhtiörakenne

NEOT Group operates in the Nordics

North European Oil Trade (NEOT) is owned by SOK (51%) and St1 Nordic (49%). NEOT Oy operates in Finland and owns NEOT AB (Sweden) and NEOT AS (Norway). Together NEOT Oy, NEOT AB ja NEOT AS form NEOT Group.

NEOT AB (Sweden) and NEOT AS (Norway) do not have employees and they are operated by NEOT Oy staff in Finland. NEOT Oy employs around 50 people in Helsinki Kamppi.

NEOT Spirit

NEOT Spirit reflects what kind of company we want to be and what  we value.
It forms the basis for the way we operate.

AGILITY
SUSTAINABILITY
COMPETITIVE ADVANTAGE
GOOD VIBES