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Okta AD

Summary

Company ID (NIN)

4074009

Company owner / manager

  • Pucko-Petrol DOO
  • EL. P. ET. Balkaniki S.A.
  • Individuals
  • Other
  • Hellenic Petroleum S.A.
  • Bank Consortium APE

Country

Macedonia

Capital

2,472,819,516

Total assets

6,591,877,509

Net profit for the period

331,181,871

Report year

2016

Currency

MKD

Industry

Filling Stations

Southeastern Europe Company Index (SEECI)

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General information

About Okta AD

From 2013 Okta AD transforms from a refinery into a client-oriented, logistics and trading company.

Okta AD was Macedonia's sole crude oil refinery.

It is part of Elpet-Balkaniki SA, a subsidiary of the Greek oil trader Hellenic Petroleum.

The company holds the following:

  • OHSAS 18001:2007 Occupational health and safety management systems certificate, valid until Nov 08, 2018;
  • ISO 14001:2004 Environmental management systems certificate, valid until Sept 15, 2018;
  • ISO 9001:2008 Quality management systems certificate, valid until Sept 15, 2018;
  • ISO 17025 Quality management system certificate for the competence of testing and calibration laboratories, valid until May 19, 2018.

Last updated on Aug 09, 2017.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
March 26, 1980
NIN
4074009
Tickers
OKTA
Stock Exchange
Macedonian Stock Exchange
ISIN
MKOKTA101017
Profile last updated
Aug. 9, 2017, 3:31 p.m.
Alternative names

    Okta oil industry;
    Okta-Rafinerija na nafta - Skopje;
    OKTA Crude Oil Refinery Shareholding Company - Skopje. v. Miladinovci;
    ОКТА Рафинерија на нафта Акционерско друштво-Скопје

History

    Mar 26, 1980 - The company is established in Miladinovci village, northern Macedonia.

    1982 – The production facilities of the company are put in exploitation.

    1990 -  The company officially transforms into a joint stock company for production of oil derivatives Rafinerija na nafta Skopje P.O.

    1995 - The company changes its name to Okta Rafinerija na nafta a.d.p.o. v. Miladinovci, Skopje.

    1999 - The company changes its name to OKTA Rafinerija na nafta akcionersko drustvo - Skopje, v. Miladinovci (OKTA AD-Skopje) in accordance with the LTC (Law on Trade Companies). El.P.ET. – Balkaniki, Societe Anonyme Petroleum Trading and Investment acquires 54% of the capital of Okta AD at the amount of EUR 32 mln. The privatisation contract grants Elpet-Balkaniki a monopoly on oil imports in Macedonia.

    2000 - El.P.ET. – Balkaniki, Societe Anonyme Petroleum Trading and Investment raises its stake in Okta AD to 69.5%. In the same year Okta lists on the Macedonian Stock Exchange with ordinary shares and priority shares.

    2006 - State Institute of Accreditation in Macedonia gives accreditation to OKTA's laboratory to be the first one in the country to perform quality checks on the oil derivatives, sold on the domestic and foreign markets.

    October 2012 - Macedonian Customs files a complaint against Okta and initiates actions for termination of the licence for import and export of the company, accusing it of non-compliance with the customs rules and protocols. At the end of the same month the Greek oil trader Hellenic Petroleum announces a restart of operations of its subsidiary Okta AD, Skopje, after a seven-month suspension.

    January 2013 - Okta AD transforms from a refinery into a client-oriented, logistics and trading company.

    Jan 9, 2013 - Fuel trader Pucko Petrol DOO, Macedonia, acquires 10.8% of Okta's capital.

    Last updated on Aug 09, 2017.

Management

Executive Board
Lence Trajanovik
IR Officer
Ioanis Geroulanos
CEO
Georgios Anagnostoulos
CFO
Board of Directors
Georgios Kampadellis
Member of the Board
Emmanouil Bardis
Member of the Board
Evangelos Stranis
Chairman of the Board
Daniil Antonopoulos
Member of the Board
Konstantinos Mademlis
Member of the Board
Aleksandros Parginos
Member of the Board
Ioanis Geroulanos
Member of the Board

Contacts

Address
25, 1st Str., Village of Miladinovci
1000
Skopje, Macedonia
Telephones

+389 2 253 2000
+389 2 253 2304
+389 2 311 6191
+389 2 253 2116

Fax

+389 2 257 7788
+389 2 253 2526
+389 2 253 2604

Emails

oktacabinet@hellenic-petroleum.gr;
Lence Trajanovic, OKTA relation with investors, LTrajanovic@helpe.gr;
Marija Stavreva, Communications & CSR, M.T.Stavreva@helpe.gr

Websites
www.okta-elpe.com

Ownership

Name Direct holding Indirect holding Owner type Country
Pucko-Petrol DOO 10.87 Company Macedonia
EL. P. ET. Balkaniki S.A. 81.51 Company Greece
Individuals 7.1 Individual
Other 0.52 Other
Hellenic Petroleum S.A. 63.0 Company Greece
Bank Consortium APE 37.0 Company Greece

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Okta AD trades in:

  •     gasoline
  •     diesel fuels
  •     liquefied petroleum gas (LPG)
  •     fuel oil
  •     other petroleum derivatives including:
    • Road Bitumen - 50/70
    • Road Bitumen - 80/100
    • Solvents (White Spirit, Hexane, Special gasoline)
    • Polymer modified bitumen
    • Cationic bitumen emulsion

Until 2013 Okta AD produced:

  • gasoline
  • diesel fuels
  • liquefied petroleum gas (LPG)
  • fuel oil
  • other petroleum derivatives

In addition to petroleum products, the company's petrol stations provide an assortment of:

  • consumer products
  • auto cosmetics
  • OKTA lubricants

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