Royal Dutch Shell hopes to double its network as part of expansion plans
Oil major Royal Dutch Shell wants to double the number of its petrol
stations in Poland to around 400 by 2007, the head of the group's operations
for central and eastern Europe said yesterday. Shell, which has invested
$330 million in gas stations since 1994, now controls 203 outlets accounting
for around 6% of the retail fuel market. "For us Poland is the most
important market in this part of Europe and our plans for the next five
years include boosting the number of outlets to 400," Shell's Istvan
Kapitany told a news conference in Katowice. "This could be achieved through
both the construction of new stations as well as takeovers of existing
networks," he added, but gave no details of the cost of the expansion plan.
(Reuters)