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Kosovo based petroleum products warehouse up for sale

Petrol d.d., Ljubljana (“Petrol” or “the Seller”) wants to dispose a 100% equity stake in its wholly-owned subsidiary Petrol-OTI-Terminal L.L.C. (“Proposed Transaction” or “Subject of Transaction” or “the Transaction”) and/or the corresponding assets. 

Petrol-OTI-Terminal L.L.C. controls a business complex i.e. petroleum products warehouse including related licenses and permits. Immovable property is located in the Municipality of Fushë Kosovës, cadastral zone Miradi e Poshtme, cadastral unit no. P-72514027-00126-0, in area of 35,424 m2

The warehouse consists of an office building, control station, supporting facilities, six tanks for petroleum products (total volume of 7,000 m3) and three tanks for liquefied petroleum gas (LPG) (total volume of 450 m3) The business complex is well maintained, despite the major part has not been in use since its construction. 

Petrol requires for the Subject of Transaction to be disposed in a transparent international tender process to the highest bidder. The Seller aims to run a structured process with the aim to conclude the deal in an efficient manner. 

Indicative bids are expected by 7 June 2021, 24:00 (CET).

Any questions or further inquiries regarding the proposed Transaction should be addressed to the following email address: investor.relations@petrol.si