
The retailers of fuel Circle K Latvia and Astarte-Nafta have submitted a joint report to the Competition Council on the sale of Circle K Latvia of 26 gas stations of the Astarte-Nafta network, reported companies.The deal will be approved by the
Competition Council. “With the expansion of the network of filling stations new customers will have the opportunity to experience our offering in locations where we haven’t been represented in Latvia, and our commercial, government and municipal customers will be able to use more wider coverage of the network in Latvia,
” says Skirmantas Maciukas, says Chairman of the Management of Circle K Latvia . “In 30 years we have built a strong and successful network of retail gasoline trading in Zemgale, but there is strong competition in the gasoline retail sector in Latvia. Regional reform reduced the importance of rural districts, focusing on cities, especially large ones. Growth requires constant investment and innovation. Therefore, in order to continue to ensure the development of the company, we want to transfer its activities into good and careful hands. We believe
thattheCircleKLatviawillbenefitouremployees,andourclients,”saysOjarsKarcevskis, Chairman of theAstarte-NaftaManagement.