Slovnaft assimilates fallen company's former assets

Since Petrimex entered bankruptcy procedings in May this year, the oil-refinery Slovnaft, which owned a 33% stake in Petrimex, started to install its own trading companies in Petrimex's former offices. It bought the building located in the Bratislava suburb of Ružinov for 200 million Sk ($5.8 million).
"In this building we will concentrate our own trade companies, and centralize them in one place," said Slavomír Hatina, Slovnaft's general director. Slovnaft will also use Petrimex's hardware and software, if it is available.
Hatina expected that in the near future, small and medium sized trading companies would have to join forces in one centralized trading company, just like the former Petrimex.

Since Petrimex entered bankruptcy procedings in May this year, the oil-refinery Slovnaft, which owned a 33% stake in Petrimex, started to install its own trading companies in Petrimex's former offices. It bought the building located in the Bratislava suburb of Ružinov for 200 million Sk ($5.8 million).

"In this building we will concentrate our own trade companies, and centralize them in one place," said Slavomír Hatina, Slovnaft's general director. Slovnaft will also use Petrimex's hardware and software, if it is available.

Hatina expected that in the near future, small and medium sized trading companies would have to join forces in one centralized trading company, just like the former Petrimex.

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