UPG is wrapping up renovations of its leased ANP gas stations in Kyiv, Kryvyi Rih, and Kirovohrad oblast. The company shared this news and photos of the updated stations with NaftoRynok.
Details
The first stage of the renovations includes cleaning, restoring, or replacing components of fuel systems and storage tanks. Before reopening, the stations’ facades are updated in the company’s signature colors, and UPG logos are added to the signage.
The company noted that it does not plan to fully modernize all new sites immediately. Initially, they will monitor operations, identify the most profitable stations, and then focus major renovations on those locations.
The agreement under which UPG operates these stations is a lease, not a purchase. The company explained that this approach allows them to make future network development decisions based on operational results.
Background
On August 14, the Antimonopoly Committee of Ukraine approved UPG operator Ukrpaletsystem to lease an additional 46 ANP and Avias gas stations. In total, the company received approval to lease 127 stations over July and August.
