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Fuel retailing in Russia has lost its profitability

... (their market share is about 2/3 of all filling stations) be able to withstand such a disparity, working 8 months below the profitability threshold? Pavel Bazhenov, the managing director of the Independent Fuel Union, gives a pessimistic assessment of ... ... 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 ...

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