Fuel Dispensing at Glusco Network Increases by 1.5x: Results of Initial Months Under Ukrnafta Management
Fuel Dispensing at Glusco Network Increases by 1.5x: Results of Initial Months Under Ukrnafta Management

The first months of Glusco network operation under Ukrnafta management have yielded significant results: a contribution of over UAH 35 million to the state budget, a 2.5x increase in revenue from filling station leases, and a 1.5x increase in fuel dispensing at operational stations.

In the span of January-February to May this year, the company’s revenue from leasing filling stations saw a substantial increase, going from UAH 5.8 million to UAH 14.1 million.

Fuel dispensing at the Glusco complexes managed by Ukrnafta also saw a significant rise, increasing from 4.7 million liters in January-February to 6.8 million liters in May 2024, marking a nearly 1.5x increase.

Starting from January 2024, Ukrnafta has been making monthly payments of UAH 7 million to the Asset Recovery and Management Agency (ARMA), thereby contributing to the state budget. A total of UAH 35 million has already been transferred.

In March 2024, Ukrnafta assumed the management of Glusco’s assets after signing the transfer acceptance certificates with the Asset Recovery and Management Agency.

Currently, 85 filling stations of the chain are operating under the UKRNAFTA brand, with 35 of them located in Kyiv. The company’s services, including the NAFTA Card and mobile application, are already available at these locations.

An additional 28 stations are being leased.

All the filling stations are equipped with shops and offer a comprehensive range of goods and services. Customers can enjoy a quick snack, savor a cup of coffee or tea, and purchase related products.