Search

Fuel retailing in Russia has lost its profitability

... especially difficult,as the problem of a shortage of raw materials on the wholesale market remains there. Large companies will surely endure a period of negative margins. According to Maslov, who holds the post of director for development of the Shell's gasoline stations chain, this year, each liter of retail gasoline brings in 1.5 rubles of loss. Vertically integrated firms, which have the opportunity to sell fuel in bulk and export it abroad, will be able to survive the crisis. Their integrated margin easily covers the retail losses. However, there are less than a third of such filling stations in the Russian market. The majority of operators will face bankruptcy. According to experts, the current damper mechanism used ...

Sorted by relevance | Sort by date