OREANDA-NEWS. August 22, 2011. Parallel is going to expand its chain to 106 filling stations by 2012, revealed the Company's CEO Yelena Khiliyenko. Today Parallel runs 70 filling stations in six regions of Ukraine.

"We are planning to set up 36 filling stations under TM Parallel in Donetsk, Lugansk and Zaporozhye regions by 2010", noted Yelena Khiliyenko.

Earlier this year, Parallel opened three new filling stations – two in Donetsk and one in Gorlovka, as well as rebranded six filling stations known under TM Gefest.

The company continuously expands its vehicle fleet and has recently bought two more trucks. Thus, Parallel owns 38 trucks and six LPG carriers to transport petrol and diesel fuel.

Profile

Parallel-M LTD is a national operator of chains consisting of 70 filling stations, of which 65 operate under Parallel TM (Donetsk, Lugansk, Dnepropetrovsk and Zaporozhye Oblasts), four – under Gefest TM (Kirovograd, Zaporozhye Oblasts and the Crimea) and one – under PitStop TM (Donetsk). Parallel-M LTD sells motor fuel through these filling station networks and has a chain of mini-markets under own TM ZZZIP!! trading related products and food. The company provides car wash services and is an exclusive supplier of light oil products to filling stations under Donbassnefteprodukt TM (29 filling stations). In addition, it wholesales fuel and tests oil products at own accredited fuels laboratory. The authorized capital of Parallel-M LTD is controlled by Parallel Nafta LTD, a subsidiary of SCM Group.