Petrol Ofisi

Infobox_Company
company_name = Petrol Ofisi
company_
company_type = Private
foundation = 1941
location = Istanbul, Turkey | key_people = Melih Türker, CEO
Reha Talu, Director of SCM
Mutluay Doğan, Director of C&I Sales and Lubricants
Ertan Çakır, Director of Retail
Ogeday Çağatay, CFO

industry = Oil and gas
products = Oil
Natural gas
Petrochemicals
homepage = [http://www.petrolofisi.com.tr www.petrolofisi.com.tr]
num_employees = 1,600

Petrol Ofisi A.Ş. (PO) is the leading petroleum distribution company in Turkey with a market value of US$3.1 billion. Company’s CEO is currently Melih Türker.

It was established on February 18, 1941 as a state owned company to import, stock, refine and distribute petroleum products. On July 24, 2000, the company was privatized, and initially 51% of the shares were purchased by Doğan Holding. On March 13, 2006, the Austrian petroleum company OMV bought 34% of the stake for US$1.054 billion. After this stock exchange, the share of Doğan Group decreased from 86.7% to 52.7%.

PO has 3,300 service stations, around 5,000 dealers, 2 lubricants blending plants, 12 terminals, 32 airport supply units, 1,600 personnel and a nationwide marketing network. Its product range covers unleaded gasoline, Diesel fuel, kerosene, fuel oil, jet fuel, liquified petroleum gas (LPG), lubricants and various industrial oils.

PO sponsors extraordinary sports disciplines like car racing (GP2), rallying, offshore speedboat racing, karting and mountaineering of Mt. Everest for Turkish sportspeople. Since 2006, PO has also been the title sponsor of the Formula One "Petrol Ofisi Turkish Grand Prix".

External links

* [http://www.petrolofisi.com.tr/ Petrol Ofisi Official website]
* [http://ekonomitarihi.blogspot.com/2006/01/1941.html History of Economics in Turkey (Turkish)]
* [http://www.cnnturk.com/arama/haber_detay.asp?PID=0042&haberID=163350 Austrian OMV buys shares at CNN Turk (Turkish)]
* [http://www.sportworks.com.tr/haberler.html Sponsorship news (Turkish)]