Prista Oil AD

Prista Oil Group is a holding structure. Its activity could be shared in two main core businesses – batteries (Monbat Company, listed on Sofia Stock Exchange) and lubricants, developed by Prista Oil Holding EAD and its foreign subsidiaries. The Holding includes also Dutch company Star Oil which is  ne of the biggest traders of base oils of Mediterranean region. Over the last 14 years the company has developed business relations with partners in more than 20 countries within the region, as its market share in the separate countries ranging between 5% and 55%, It makes the company one of the biggest lubricants producers in East Europe.

        Prista Oil’s production facilities are set up and developed following the state-of-the-art and innovative technologies as a result of company-own research and development activities, as well as with the cooperation of world leading companies in lubricants and chemical business, such as Chevron Global Lubricants, Ashland , ERGON Europe MEA, GreenChem etc. Prista Oil has its own blending plants in Bulgaria and Turkey where producing engine, transmission and industrial oils, greases, automotive fluids and car-care products.

    Since June 2009 Prista Oil Holding EAD is the owner of Hungarian company Bogdany Petrol Kft. (main company in chemical industry in Hungary, specialized in production of grasses and emulsions)

    At the end of August 2009  has been signed an agreement for partnership in producing, supplying and distribution  of marine oils in the frame of Sealub Alliance between Gulf Oil Marine and Prista Oil Holding EAD.    

    Since October 1st 2009 Prista Oil Group is considered the biggest regional distributor in the world of the full range of Valvoline branded products. The contract between Prista Oil Group and Valvoline International Inc (part of Ashland Consumer Markets Corporation) is covering 13 countries in Central and Eastern Europe  - Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Macedonia, Romania, Slovakia, Slovenia, Serbia, Hungary, Croatia, Montenegro and Czech Republic.

The product portfolio is extended and developed in line with the market needs and in compliance with the latest requirements of the OEMs, ACEA and API. The products meets and even exceeds all applicable safety and environmental standards and their quality is well-known from the customers. Prista products are approved by more than 20 worldwide leading automotive and machine manufacturing companies, such as MB, Volvo, Opel, BMW, VW, Renault-Nissan, MAN, Cummins, ZF, VOITH, Allison, Siemens, etc. In the Spring of 2009, Prista Oil launched the production of AdBlue under the license agreement of one of the European leaders in AdBlue business -  GreenChem B.V.. The production will be marketed both on the  domestic and  foreign markets.

In order to guarantee the needs of its production process and in order to optimize the costs related to the delivery of the main raw materials and to reduce the delivery terms of the finished products to the customers Prista Oil has developed its own excellent logistic structure, including 4 base oil storage terminals with capacity exceeding 52 000 m³.

The future development of the company is aimed at the countries of Central and Eastern Europe, Central Asia and the Middle East. As regards to its technological improvement Prista Oil is scheduling to get in closer cooperation with its existing partners and to simultaneously create new partnerships with the leaders in the specific business fields.

To learn more about Prista Oil Holding EAD, visit: www.prista-oil.com