Press Release

"Becoming the most dynamic and profitable independent fuel station and forecourt operator in Eastern Europe."

AMIC Energy has completed its gas stations rebranding in Poland.

11 July 2019 - 09:00 am (CET)

In recent months, Polish gas station network AMIC Polska sp. z o.o. (https://amicenergy.pl/en) has carried out a full rebranding to the AMIC Energy brand and the network has been thoroughly modernized according to state-of-the-art solutions and has introduced innovative Premium fuels.

AMIC Energy is a modern brand that uses new technologies in all areas of its activities. AMIC Energy is a network of modern gas stations located throughout Poland. It develops private label products extensively, thus it meets customers’ needs for a high quality products at favorable pricing.


The brand creates places where customers feel safe. It provides comfortable environment to rest and have a meal - Food Points and also at selected stations - Subway restaurants. It offers high quality fuels at very stable and competitive pricing on the market.


AMIC Pro, their innovative fuels, were introduced in July. It is a new product in the premium fee category in Poland. The campaign is accompanied by a slogan - Pure engine power! The fuels are available in the 95-octane version for gasoline engines and diesel for vehicles with Diesel engines. The new fuel uses many of sublations that protect fuel injectors from a sediment accumulation. High quality components ensure protection and smooth operation of the injectors, thus allowing to increase the engine power and its efficiency.


Noble additives used in AMIC Pro in an increased amount reduce combustion. The fuel has been developed according to a special formula that allows to reduce the amount of particulate matter emitted to the air.


AMIC Pro is the only premium fuel on the Polish market adapted to gasoline engines with direct fuel injection - perfect for GDI engines.

Customers have reacted positively to AMIC Pro fuels. They are interested in the composition of fuel and direct benefits for the operation of vehicles. They have begun to test them in their cars.


The implementation of AMIC Pro fuels is accompanied by an advertising campaign called Clean engine power! (Digital, radio, tv)
produced in July / August. The campaign’s face is the rally driver Łukasz Byśkiniewicz.


https://www.youtube.com/watch?v=O3AiJLZwHAA

https://www.youtube.com/watch?v=roUMHxJK7so


Background information:


AMIC Energy Management GmbH

AMIC Energy is an Austrian independent investment firm focused on the European energy sector.



AMIC Energy owns a network of 457 fuel petrol stations and in 4 countries via its group companies and focusses on becoming the most dynamic and profitable independent fuel station and forecourt operator in Eastern Europe.

AMIC Energy

AMIC Energy Management GmbH
Schubertring 14, Top 2.2
1010 Vienna, Austria 

For further information, please contact:
AMIC Energy Media Relations: 


Michael Kochwalter
Tel.: +43 1 877 55 43
e-mail: michael.kochwalter@unique-relations.at
Web: www.amicenergy.com

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Press-Release
2019-07-11

AMIC Energy acquires LUKOIL’s fuel retail businesses in Lithuania, Latvia and Poland.

February 05, 2016 - 13:15 pm (CET)

AMIC Energy together with AS VIADA Baltija (Latvia) and UAB Luktarna (Lithuania) have reached an agreement with LUKOIL Europe Holdings BV regarding the acquisition and the subsequent operation of fuel retail networks of around 230 stations in Lithuania, Latvia and Poland owned by UAB LUKOIL BALTIJA (Lithuania), SIA LUKoil Baltija R (Latvia) and LUKOIL POLSKA SP. Z O.O. (Poland)

The acquisition is a further significant step to build up AMIC Energy’s fuel retail business in Central and Eastern Europe.

Yesterday, AMIC Energy Management GmbH (AMIC Energy) together with AS VIADA Baltija (Latvia) and UAB Luktarna (Lithuania) have reached an agreement with LUKOIL Europe Holdings BV regarding the acquisition and the subsequent operation of fuel retail networks of around 230 stations in Lithuania, Latvia and Poland owned by UAB LUKOIL BALTIJA (Lithuania), SIA LUKoil Baltija R (Latvia) and LUKOIL POLSKA SP. Z O.O. (Poland), respectively. As part of this arrangement, UAB Luktarna and AS VIADA Baltija will assume the operation of the retail networks in Lithuania and Latvia, respectively. The networks in Lithuania and Latvia will continue to operate under the “LUKOIL” brand for a period of up to 5-years under a trademark license agreement. During 2016, AMIC Energy will decide on the potential rebranding of the Polish filling stations to the “AMIC Energy” brand, already successfully introduced in Ukraine. In the long term, AMIC Energy considers to promote its “AMIC Energy” brand in all of its acquisitions.

The acquisition is financed with a combination of equity- and debt financing and is expected to close in the second quarter of 2016 upon receipt of appropriate approvals from the competent authorities of the respective countries.

“This acquisition is a further significant step to build up AMIC Energy’s fuel retail business in Central and Eastern Europe. Strategic partnership with VIADA and Luktarna creates a competitive operating platform in the Baltic markets and brings in a valuable local expertise and a strong management team.” said Günter Maier, Managing Director of AMIC Energy.

Background information:


AMIC Energy Management GmbH

AMIC Energy Management GmbH focuses on managing energy projects in Central and Eastern Europe, being an independent private equity and corporate finance & strategic advisory firm.

AMIC Energy seeks special situations in which our management team can use their skills and experience to create significant value by transforming the target company's strategy, strengthening its management, streamlining its operations and focusing on capital discipline.

 


AS VIADA Baltija

AS VIADA Baltija owns and operates a network of 30 petrol stations in Latvia under “LUKOIL” and “VIADA” brands. AS VIADA Baltija is 80% owned by UAB Luktarna and 20% by the management team.

 

UAB Luktarna

UAB Luktarna owns and operates a network of 42 petrol stations in Lithuania under “Luktarna” and “LUKOIL” brands and 2 tank farms. UAB Luktarna is 60% owned by Mr. Ivan Paleicikand his family and 40% by the management team.

AMIC Energy

AMIC Energy Management GmbH
Schubertring 14, Top 2.2
1010 Vienna, Austria 

For further information, please contact:
AMIC Energy Media Relations: 


Michael Kochwalter
Tel.: +43 1 877 55 43
e-mail: michael.kochwalter@unique-relations.at
Web: www.amicenergy.com

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Press-Release
2016-02-05

AMIC Energy closes acquisition of LUKOIL-Ukraine CFI

April 29, 2015 - 16:30 pm (CET)

AMIC Energy Management GmbH (AMIC Energy) closed its previously announced acquisition

of the 100% stake in LUKOIL-Ukraine CFI on 29 April 2015.

AMIC Energy focuses on investments in undervalued or distressed energy assets

in high growth markets with the focus on Central and Eastern Europe.

The transaction, initially announced in summer of 2014, covers the acquisition of 100% interest in the Company with Foreign Investments “LUKOIL-Ukraine” from its current sole owner LUKOIL Europe Holdings B.V. (Amsterdam), a company of LUKOIL Group. LUKOIL-Ukraine owns a network of 240 filling stations and 6 petroleum tank farms. The deal has been closed after receipt of appropriate approvals from the competent authorities of Ukraine.

“The acquisition of LUKOIL-Ukraine CFI is a strategically important step to establish AMIC Energy’s investment portfolio in Central and Eastern Europe. Together with the employees of the company we will do everything possible to renew the trust of our customers and we are confident that our long-term engagement in Ukraine will lead to positive results.” said Günter Maier, Managing Director of AMIC Energy.

Günter Maier further announced that LUKOIL-Ukraine will be renamed to “AMIC Ukraine” and that a new management team, led by Robert Nowek as the General Manager, will continue with the restructuring and optimization of the company in order to enhance performance. Robert Nowek holds over 20 years' experience in international fuel retailing. He has worked for over 13 years with ConocoPhillips and 7 years with LUKOIL in the CEE region and Benelux countries. Robert Nowek has selected a team of experienced industry professionals, covering key areas like supply, retail, finance and administration.

In the last couple of months, the company LUKOIL-Ukraine faced a demanding business environment with serious growth- and currency challenges. AMIC Energy however is determined to turn around the development of the company. A very visible sign of this will be the already ongoing rebranding of the petrol stations. It is AMIC Ukraine´s goal to provide the Ukrainian consumers in future with competitive service and to develop a new growth-orientated strategy for the company. Therefore AMIC Ukraine will also rely on the experience and professional skills of the employee, who know the market.

The possibility to acquire LUKOIL-Ukraine CFI occurred in connection to the interest of LUKOIL to optimize its asset structure in Eastern Europe. AMIC Energy seeks special situations in which AMIC Energy’s management team can use their skills of experience to create significant value by transforming such target company's strategy, strengthening its management, streamlining its operations and focusing on capital discipline.

Background information:


AMIC Energy Management GmbH

AMIC Energy Management GmbH focuses on managing energy projects in Central and Eastern Europe, being an independent private equity and corporate finance & strategic advisory firm. 

 




Dr. Wolfgang Ruttenstorfer, the former CEO of the Austrian based oil & gas group OMV and the former state secretary to the federal ministry of finance of Austria, is the Chairman of the Supervisory Board of AMIC Energy Management GmbH. AMIC Energy is 50% owned by Dr. Johannes Klezl-Norberg, 40% by Dr. Manfred Kunze and 10% by Mag. Heinz Sernetz.

For further information, please contact:
AMIC Energy Media Relations: 


Michael Kochwalter, Tel.: +43 1 877 55 43
e-mail: michael.kochwalter@unique-relations.at
Web: www.amicenergy.com

For further information, please contact:
AMIC Energy Media Relations: 

Svitlana Bocharova, Tel.: +380 67 903 9366,
e-mail: svitlana.bocharova@hkstrategies.com

Christina Kosonotska, Tel.: +380 50 931 7288,
e-mail: christina.kosonotska@hkstrategies.com

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Press-Release
2015-04-29