Reducing Activities: company scaling back some business operations while continuing others

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Neste Oyj is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products, provides engineering services, and licenses production technologies. Neste has operations in 14 countries. Neste shares are listed on the NASDAQ OMX Helsinki Stock Exchange.

 
 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
24811
The Company Statement
July 20, 2022

Replaced Russian crude with other sources. (Previously purchased 2/3 of crude from Russia). Due to the new sanctions, Neste has suspended fuel supplies to the Finnish gas station chain Teboil, for which Neste was the primary fuel supplier. Neste has not officially confirmed the halt in fuel supplies to Teboil, which is wholly owned by Russia's Lukoil.

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Statements Archive
October 24, 2025Lukoil's network of gas stations in Finland has lost fuel supplies due to sanctions
March 01, 2022Neste has mostly replaced Russian crude oil with other crudes
Demand to Leave Russia:Petition text has been copied to the clipboard.
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