ST1: St1 Launches Fuel Sales in Polan

The energy enterprise St1 continues to internationalise its business.
St1 has launched fuel sales in Poland. The first station opened on
27 October 2006 in Ruda Slaska, near Katowice, in the south of Poland.

With 270 petrol stations in Finland, St1 is now seeking growth abroad.
In 2004, St1 extended its business to Sweden, where it has 36 petrol
stations. The company is now looking for growth in the Polish market.

“Poland has a population of almost 40 million people, which is four
times the amount in Sweden, for example, but the number of petrol
stations and the consumption of fuel are at the same levels as they
are in Sweden. We believe that Poland has room for a new, efficient
supplier who can reward motorists with affordable prices,” says
Juha Kokko, Managing Director at St1.

St1 is currently investigating the best sites for its petrol stations
and construction work on two other stations is already under way.

Own Technology in Key Role

The key to St1’s competitiveness is the technology that the company
itself has developed. Thanks to its ERP system, Stream, St1 is capable
of operating efficiently and offering its customers fuel at reasonable
prices. The technology has been customised for St1’s own specific
needs and it plays a key role in the company’s internationalisation
efforts as well.

“Having our own technology means that we can manage petrol stations in
different countries from a single control centre in Helsinki. It is
thanks to our ERP system that we only need three people to look after
306 stations,” Kokko explains.

For more information, please contact:
Juha Kokko, Managing Director, St1, +358 (0)44 741 2839, juha.kokko@st1.fi

St1 in Brief

St1 is a private Finnish energy company, founded in 1997. The
company’s main business is the sale of fuels and it has 306 petrol
stations in Finland and Sweden. In 2005, St1’s share of the Finnish
petrol market amounted to about 10%. St1 employs 25 people and has a
turnover of €370 million, making it the most efficient venture in the
industry. The company provides consumers with affordable, high-quality
fuels with minimal environmental loading. St1 is a pioneer in applying
new technologies in its business. In 2005, the company began selling
electricity to private households in Finland. For further information,
please visit www.st1.fi. 

Source:kauppalehti.fi