Gazprom Neft buys Romanian bunkering operator

Newsroom 29/03/2013 | 13:49

Gazpromneft Marine Bunker, part of Russian oil and gas giant Gazprom Neft, has acquired the Romanian bunkering operator Marine Bunker Balkan, which is based in the Black Sea.

The Gazprom Neft subsidiary supplies bunker fuel for marine and river vessels. The company is a leading operator in the bunker market and is present in all the major Russian ports. Its sales of ship fuel rose by 50 percent to 2.2 million tones in 2011.

The full acquisition of the share package was completed on March 1. Law  firm Wolf Theiss assisted Gazprom Neft Marine Bunker on the take over.

“The due diligence process required special attention regarding the particularity of bunkering, including the sea transport sector,” said Ancuta Leach, Wolf Theiss partner that coordinated the deal.

The team of lawyers that worked on the buyer’s side included Ioana Iordanescu, Alexandru Campean, Claudia Chiper and Ioana Popescu.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue