Preem AB - Company Profile
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Preem AB (Preem), a subsidiary of Corral Petroleum Holdings AB, is a downstream company. It refines, distributes and sells gasoline, diesel, heating oils, and renewable fuels. The company also produces lubricants in its Gothenburg facility and commercializes the major part of its production under the Texaco brand. Preem operates refineries in Lysekil and Gothenburg and sells products through filling stations and diesel facilities, partners, and distributors in domestic and international markets. The company operates a network of fuel stations in Sweden, which include Saifa facilities for routes with heavy traffic. It has operations in Sweden, Norway, the Netherlands and the UK, among other countries. Preem is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Warfvinges vag 45, Stockholm, 11280
Website
www.preem.se
Telephone
46 10 4501000
No of Employees
1,557
Industry
Energy and Utilities
Revenue (2022)
$15.9B
Preem AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Diesel | Texaco |
| Gasoline | Saifa |
| Fuel Oils | Preem Evolution |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In November, the company announced its plans to invest to repurpose the existing refinery in Lysekil, Sweden. |
| 2022 | Contracts/Agreements | In April, the company entered into an loan agreement with Swedish Export Credit Corporation. |
| 2021 | Contracts/Agreements | In September, the company and Recharge entered into an agreement to install hundreds of rapid chargers at Preem's stations. |
Competitor Comparison
| Key Parameters | Preem AB | Neste Corp | Saras SpA | AB Svenska Shell | Grupa Lotos SA (Inactive) |
|---|---|---|---|---|---|
| Headquarters | Sweden | Finland | Italy | Sweden | Poland |
| City | Stockholm | Espoo | Sarroch | Stockholm | Gdansk |
| State/Province | Stockholm | - | Sardegna | - | - |
| No. of Employees | 1,557 | 6,014 | 1,591 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jason Milazzo | Chairman | Executive Board | 2018 | 60 |
| Magnus Heimburg | Director; Chief Executive Officer | Executive Board | 2021 | 55 |
| Lina Stolpe | Chief Financial Officer | Senior Management | 2019 | - |
| Christian Bjerden | Executive Vice President - Market and Sales | Senior Management | - | - |
| Ylva Nyberg | Executive Vice President - Communications and Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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