Four bids collected for Turkish Petroleum subsidiary
ANKARA
A total of four bids have been submitted for the privatization of a 100 percent stake in the state-run Turkish Petroleum (TP) Fuel Distribution company, Reuters has reported. SBK Holding and a consortium of Zülfikarlar Holding, Siyah Kalem and Termopet-Net-Cemil Direkci submitted bids for all stakes in the state-run TP’s subsidiary company before Sept. 30, which had been set as the final deadline for the relevant bids by the Privatization Authority.
The company is the sixth largest player in the market with a 4.4 percent market share and around 400 dealerships across the country, according to the Privatization Authority’s website.
The company, which has three storage facilities, opened its first dealership in 2007, according to its website.
The company is the sixth largest player in the market with a 4.4 percent market share and around 400 dealerships across the country, according to the Privatization Authority’s website.
The company, which has three storage facilities, opened its first dealership in 2007, according to its website.
