St1 looks for Polish pitstops in petrol station market

"At the beginning of July we registered our company in Poland. Currently we are looking at the possibility of finding attractive locations," stated Kim Wiio, the St1 executive director. However, he did not reveal any details regarding the size of the network or planned investment outlays. St1 will face strong competition, as another Finnish company, Neste Polska, has been developing its network of self-service petrol stations for several years now and currently has 59 outlets throughout the country. Nevertheless, the experts believe that self-service petrol stations will be increasingly successful. "The higher the prices of fuels on the market, the greater the success of such stations," said Jacek Wróblewski from the Polish Organization of Industry and Oil Trade. (Puls Biznesu, pp. 1, 8) E.B.