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Okta AD (North Macedonia)

Main Activities: Petroleum Refineries | Petroleum and Petroleum Products Merchant Wholesalers | Gasoline Stations
Full name: Okta AD Skopje Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

OKTA AD Skopje is a Macedonian refinery, set up in 1982 by the FYROM government. In July 1999, the State sold a majority stake in the company to EL.P.ET Balkaniki SA, a subsidiary of the Greece-based Hellenic Petroleum SA. OKTA has a production capacity of 2.5 million tons per annum and a storage capacity of 330,000 cubic meters. The refinery supplies the local and Kosovo’s market, as well. For its purpose, OKTA is using crude oil through the Thessaloniki – Skopje pipeline, which was launched in July 2002. The plant produces gasoline, diesel fuel, oil, and LPG in smaller quantities. Apart from its primary activity, the company has developed its own retail chain, which consists of about 30 rebranded gas filling stations, nationwide.

Headquarters
ul. 1 br. 25, s. Miladinovtsi
Skopje; Skopje;

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Website: http://www.okta-elpe.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 26, 1980
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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81.51%
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10.87%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MKD. Absolute financial data is included in the purchased report.
Net sales revenue
-17.89%
Total operating revenue
-17.9%
Operating profit (EBIT)
-57.23%
EBITDA
-41.04%
Net Profit (Loss) for the Period
-64.89%
Total assets
5.9%
Total equity
0.14%
Operating Profit Margin (ROS)
-0.52%
Net Profit Margin
-0.52%
Return on Equity (ROE)
-7.32%
Quick Ratio
-0.23%
Cash Ratio
-0.26%

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