Hydro Texaco
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Hydro Texaco
YX Energi, formerly known as Hydro Texaco, is a Norwegian and Danish gas station chain formed after the merge of the Hydro and Texaco gas station chains in 1995. In 2006 the company was bought by Reitangruppen and incorporated into their chain including the implementation of 7-Eleven brand on the service stations. Uno-X and Rema Bensin are low-cost brand names of YX. Operations YX operates 750 gas stations in Norway and Denmark, including the low price brands Uno-X and Rema Bensin. In addition the chain has DieselService stations for truck diesel. Hydro Texaco operates in addition a service for household paraffin distribution. Hydro Texaco has about a 20% market share in automotive fuels in Norway. History Hydro Texaco was a result of a merger between the Hydro and Texaco gas station chains in Norway and Denmark on January 1, 1995, with Norsk Hydro and Texaco each owning 50%. The Hydro chain had been created in the early 1990s when Norsk Hydro acquired the Mobil gas stations ...
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Fuel Station
A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasoline pumps are used to pump gasoline, diesel, compressed natural gas, CGH2, HCNG, LPG, liquid hydrogen, kerosene, alcohol fuel (like methanol, ethanol, butanol, propanol), biofuels (like straight vegetable oil, biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell confections, alcoholic beverages, tobacco products, lottery tickets, soft drinks, snacks, coffee, news ...
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Mobil
Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999. A direct descendant of Standard Oil, Mobil was originally known as the Standard Oil Company of New York (shortened to Socony) after Standard Oil was Standard Oil Co. of New Jersey v. United States, split into 34 different entities in a 1911 Supreme Court decision. Socony merged with Vacuum Oil Company, from which the Mobil name first originated, in 1931 and subsequently renamed itself to Socony-Vacuum Oil Company. Over time, Mobil became the company's primary identity, which incited another renaming in 1963, this time to Mobil Corporation. Mobil credits itself with being the first company to introduce Pay at the pump, paying at the pump at its gas stations, the first company to produce jet aviation fuel, as well as the first company to intr ...
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Retail Companies Of Norway
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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REMA 1000
REMA 1000 (Bokmål: Rema tusen) is a multinational no-frills soft-discount grocery chain owned entirely by the Reitan Group (Reitangruppen). REMA is a short for ' (Reitan Food), referring to Odd Reitan (founder of the company). ''1000'' refers to offering a selection of only one thousand different products (see the history section). With their headquarters located in Oslo, Norway, REMA 1000 includes businesses in Norway and Denmark. The chain is based on a franchised discount concept: buying large quantities of a limited range of products and offering these to semi-independent owners under their brand. By the end of 2016, Rema 1000 had a total amount of 868 shops spread across Norway and Denmark. By 2016, the retailer captured 24,2% of the total revenue by all Norwegian grocers, taking the lead over its closest rival Kiwi. The shops REMA 1000 shops are known for not spending large sums on aesthetics. As a matter of fact one of the chain's slogans is ''"The simple is often ...
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Coop NKL
Coop Norge SA is a Norwegian cooperative. It is owned by 117 local cooperatives with approximately 2 million members. The company has its headquarters in Oslo. History The first cooperative store in Norway was opened in the 1850s and, on 27 June 1906, a group of 28 cooperatives formed the NKL (''Norges Kooperative Landsforening'', "Norwegian Cooperative Association") to act as a wholesaler for its members. The next year, it joined the International Co-operative Alliance. NKL acquired the Norwegian Margarine Factory (''Margarinfabrikken Norge'') in Bergen in 1911; it later purchased other margarine factories in Oslo and Bodø. It purchased a cigarette factory in 1914 and a coffee plant in 1916. During the 1920s, it began production of shoes and flour; during the 1930s, it added chocolate and light bulbs as well as Cooperative Insurance (''Samvirke Forsikring''). NKL opened the first self-serve store in Norway on 1 October 1947 and, in 1951, the law was changed to permit coopera ...
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Alexela Oil
Alexela Group is an Estonian holding company. Its three areas of activity are energy, the metal industry, and property development. The majority of the group's shares are owned by Estonian businessman Heiti Hääl. History The first company of the group, trailer manufacturer AS Bestnet, was established in 1990. The fuel retail company fuel retailer AS Alexela Oil was established in 1993. In 2002, a petroleum product terminal was opened in Paldiski, Estonia, and in 2007, in Sillamäe, Estonia. In March 2006, Alexela Oil purchased from YX Energi the Uno-X chain in Estonia, Latvia, and Lithuania. In 2009–2010, it sold its service stations in Lithuania to Neste Oil and in Latvia to ''LR īpašumu aģentūra''. In 2006, a hot dip galvanising services provider AS Paldiski Tsingipada (Zincpot) was established. In May 2007, Alexela Logistics bought Norwegian oil terminal Vest Tank (now Alexela Slovaag) in Sløvåg Gulen, Sogn og Fjordane, Norway. On May 24, 2007, one day after ...
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Estonia
Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, and to the east by Lake Peipus and Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,200 other islands and islets on the eastern coast of the Baltic Sea, covering a total area of . The capital city Tallinn and Tartu are the two largest urban areas of the country. The Estonian language is the autochthonous and the official language of Estonia; it is the first language of the majority of its population, as well as the world's second most spoken Finnic language. The land of what is now modern Estonia has been inhabited by '' Homo sapiens'' since at least 9,000 BC. The medieval indigenous population of Estonia was one of the last " pagan" civilisations in Europe to adopt Ch ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ...
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Baltic States
The Baltic states, et, Balti riigid or the Baltic countries is a geopolitical term, which currently is used to group three countries: Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern coast of the Baltic Sea are sometimes referred to as the "Baltic nations", less often and in historical circumstances also as the "Baltic republics", the "Baltic lands", or simply the Baltics. All three Baltic countries are classified as high-income economies by the World Bank and maintain a very high Human Development Index. The three governments engage in intergovernmental and parliamentary cooperation. There is also frequent cooperation in foreign and security policy, defence, energy, and transportation. The term "Baltic states" ("countries", "nations", or similar) cannot be used unambiguously in the context of cultural areas, national identity, or language. While the majority ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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