St1

This article is about the Finnish energy company. For other uses, see ST1.
St1 Oy
private
Industry Energy
Founded 1995
Headquarters Helsinki, Finland
Area served
 Finland
Sweden
Norway
Poland
Key people
 Mika Anttonen, chairman of the Board[1]
Products petrol
Services service stations
Revenue EUR 6.6 billion (2014)

St1 Oy is a Finnish energy company owning the St1 service stations' chain in Finland, Sweden, Norway and Poland. The company was established in 1995 under the name Greenergy Baltic Oy. In 1997, the St1 chain was established in Finland. In 2000 Greenergy Baltic changed its name to Green. In the same year, it purchased the St1 chain. The company adopted the name St1 in 2005.

St1 petrol station in Kajaani, Finland

St1 Oy owns around 650 service stations in four countries. The first service station outside of Finland was established in 2004 in Sweden. In 2007, the company took over Oy Esso Ab, a subsidiary of ExxonMobil in Finland, and its service stations. In 2009, St1 Oy purchased 198 unmanned filling stations in Sweden and Norway from Statoil.[2] In 2010, it purchased service stations from Royal Dutch Shell in Finland and Sweden.[1]

In addition the service stations, the St1 Oy owns an oil refinery in Gothenburg,[1] produces ethanol fuel at six bioethanol plants in Finland, and generates and sells electricity. Together with the SOK Group it owns the wind farms developer TuuliWatti Oy.[3]

References

  1. 1 2 3 Virki, Tarmo; Kinnunen, Terhi; Bergin, Tom (2010-10-27). "Shell sells Nordic ops to St1 for $640 mln". Reuters. Retrieved 2010-12-30.
  2. ↑ Moskwa, Wojciech; Frich, Joergen (2009-04-01). "Finnish retailer St1 buys 198 Statoil stations". Reuters. Retrieved 2010-09-02.
  3. ↑ "TuuliWatti Oy and Winwind Ltd. make a cooperation agreement for providing wind turbines" (Press release). TuuliWatti Oy. 2010-03-30. Retrieved 2010-12-30.
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