Neste to divest its fuel retail business in Russia and sell it to PJSC Tatneft

Neste Corporation, Press Release, 5 July 2019 at 9 am (EET) Neste Corporation has signed an agreement to sell its fuel retail business consisting of 75 fuel stations and a terminal in St. Petersburg region to PJSC Tatneft, one of the leading integrated oil and gas companies in Russia. The divestment has no impact on Neste’s Marketing & Services' operations in Finland and the Baltic countries. “Neste targets to become a global leader in renewable and circular solutions. The divestment of Russian fuel retail business will enable us to focus on our strategic priorities,” says Neste’s