Following to recent information about a diversification of fuel retailer Benzina, MF daily brought news that 25 new stations Benzina Plus should start to serve till the end of year. Benzina Plus should offer better services: wider range of fuels, restaurants and better equipment. Unipetrol should comment this project next week.
Our view:
Benzina is currently loss making and this efficiency program should be one of the ways to improve this segment. We reiterate our Buy recommendation.