Shell signs agreement to sell retail and lubricants businesses in Russia

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Shell signs agreement to sell retail and lubricants businesses in Russia

The deal includes 411 retail stations, mainly located in the Central and Northwestern regions of Russia,   and the Torzhok lubricants blending plant, around 200 kilometres north-west of Moscow. “Our priority is the well-being of our employees,” said Huibert Vigeveno, Shell’s Downstream Director. “Under this deal, more than 350 people currently employed by Shell Neft will transfer to the new owner of this business.” “The acquisition of Shell’s high-quality businesses in Russia fits well i…Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=289043
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