Bashneft Acquires Network of Filling Stations in Orenburg Region
OREANDA-NEWS. Bashneft Group has acquired a 100% stake in LLC Alternativa, which owns 12 filling stations in the Orenburg Region operating under the Q&R brand name.
The transaction is part of Bashneft’s strategy for increasing the number of its own filling stations in the key regions where its retail network is being developed.
Q&R accounts for slightly more than 1% of retail sales of petroleum products in the region. All filling stations of this network are located in large towns in the Orenburg Region, including five filling stations in Orenburg, the region’s administrative centre.
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