Parallel plans to acquire one or several regional fuel station chains in Ukraine this year, the company’s owner Oleksandr Dubinin told Forbes.
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According to Dubinin, his company plans to expand the network by 350 filling stations.
“We are planning a major expansion in 2026. We are considering the purchase of regional networks. We have already started talks and are preparing to submit documents to the Antimonopoly Committee. At the same time, we are negotiating financing and strengthening the team,” he said.
Oleksandr Dubinin believes that over the next five years the Ukrainian fuel retail market will change: small operators will gradually disappear, and most fuel sales will be concentrated among five to seven large national chains.
In his view, the main drivers of market consolidation are logistics, procurement, regulatory requirements, the transition to E5 and E10 standards, and financial pressure on smaller players.
Dubinin sees Parallel among the top five fuel station networks in Ukraine.
“Since 2022, about UAH 350 million has been invested in the reconstruction and development of the network. In 2026, we plan a significant increase in investment. These funds will be directed toward phased reconstruction and development of the network, consolidation, and reaching the top five networks in Ukraine,” he said.
As a reminder, Dubinin also said that this year Parallel intends to purchase 50 fuel tankers and sign contracts for fuel deliveries by rail from Poland to strengthen its logistics.
