Swiss Varo takes over Preem, changes name
The unlisted Swiss energy group Varo Energy has completed the purchase of fuel chain Preem, including refineries in Lysekil and Gothenburg, according to a press release from Varo.
Business
Preem Reports Q1 Loss but Sees Positive Trend in Diesel and Renewables
The fuel company Preem, with 1,600 employees at refineries and petrol stations in Sweden, posts an operating loss of 39 million kronor for the year's first quarter. It can be compared to the profit of 1.9 billion under the corresponding quarter last year.
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