"Hellenic Petroleum" resumes with "greenfield" investments in Serbia, plan for year 2007 - 16m EUR

Company "EKO YU", a member of business group "Hellenic Petroleum", plans to invest 16m EUR in Serbia in 2007.

At the end of 2006 and at the beginning of 2007, "EKO YU" expanded the retail network of gas stations by opening four new gas stations in Gornji Milanovac, Čačak, Šabac and on Niš - Belgrade highway near Vrčin.

The retail network of that company has total of 19 gas stations, whereas six more are under construction.

Company invested 12m EUR in Serbia in 2006 and it plans to resume with "greenfield" investments in 2007.