Jugopetrol Kotor
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Jugopetrol AD Podgorica ( MNSE
JGPK
is the largest
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
company in
Montenegro ) , image_map = Europe-Montenegro.svg , map_caption = , image_map2 = , capital = Podgorica , coordinates = , largest_city = capital , official_languages = M ...
.


History

The company was established in
Kotor Kotor (Montenegrin Cyrillic: Котор, ), historically known as Cattaro (from Italian: ), is a coastal town in Montenegro. It is located in a secluded part of the Bay of Kotor. The city has a population of 13,510 and is the administrative c ...
on 12 April 1947 at the early beginnings of oil operations in
Yugoslavia Yugoslavia (; sh-Latn-Cyrl, separator=" / ", Jugoslavija, Југославија ; sl, Jugoslavija ; mk, Југославија ;; rup, Iugoslavia; hu, Jugoszlávia; rue, label=Pannonian Rusyn, Югославия, translit=Juhoslavija ...
. The company started its first
oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...
exploration in 1970. The company has a total of 43 petrol stations in all major
Montenegro ) , image_map = Europe-Montenegro.svg , map_caption = , image_map2 = , capital = Podgorica , coordinates = , largest_city = capital , official_languages = M ...
cities
Budva Budva ( cnr, Будва, or ) is a Montenegrin town on the Adriatic Sea. It has 19,218 inhabitants, and it is the centre of Budva Municipality. The coastal area around Budva, called the Budva riviera, is the center of Montenegrin tourism, kno ...
,
Tivat Tivat (, ) is a coastal town in southwest Montenegro, located in the Bay of Kotor. , its population was 9,367. Tivat is the centre of Tivat Municipality, which is the smallest municipality by area in Montenegro. Name In Serbian and Montenegrin l ...
,
Kotor Kotor (Montenegrin Cyrillic: Котор, ), historically known as Cattaro (from Italian: ), is a coastal town in Montenegro. It is located in a secluded part of the Bay of Kotor. The city has a population of 13,510 and is the administrative c ...
,
Bar Bar or BAR may refer to: Food and drink * Bar (establishment), selling alcoholic beverages * Candy bar * Chocolate bar Science and technology * Bar (river morphology), a deposit of sediment * Bar (tropical cyclone), a layer of cloud * Bar (u ...
and
Podgorica Podgorica (Cyrillic script, Cyrillic: Подгорица, ; Literal translation, lit. 'under the hill') is the Capital city, capital and List of cities and towns in Montenegro, largest city of Montenegro. The city was formerly known as Titograd ...
. Since 2002 ''Jugopetrol Kotor'' is owned by
Greek Greek may refer to: Greece Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group. *Greek language, a branch of the Indo-European language family. **Proto-Greek language, the assumed last common ancestor ...
company
Hellenic Petroleum Hellenic Petroleum S.A. is one of the largest oil companies in Southeast Europe and with its roots dating to 1958 with the establishment of the first oil refinery in Greece (Aspropyrgos). It adopted its current name in 1998, changing from the P ...
.JUGOPETROL AD
mfic.me Ultimately, the buyer was Hellenic Petroleum, which in 2004 moved the company's headquarters from Kotor to Podgorica and changed its name from Jugopetrol A.D. Kotor on Jugopetrol A.D.


See also

*
Hellenic Petroleum Hellenic Petroleum S.A. is one of the largest oil companies in Southeast Europe and with its roots dating to 1958 with the establishment of the first oil refinery in Greece (Aspropyrgos). It adopted its current name in 1998, changing from the P ...


References

Oil companies of Montenegro {{montenegro-stub