Lukoil Lubricants benefits from supplies by barge

Sustainable corporate strategy and extensive investments at the business location Austria

Lukoil Lubricants benefits from supplies by barge

Lukoil has been investing heavily in Austria as a business location for several years. During a visit and a tour of the European headquarters of Lukoil Lubricants in Lobau in Vienna, Federal Minister Dr. Ing. Margarete Schramböck could visualize that. An important part of the business location discussions with senior company representatives were the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda for Sustainable Development.

Alexander Matytsyn, CEO of Lukoil International GmbH in Austria, underlines the importance of Vienna and the sustainability investments: “We are at the beginning of a development where internationally active companies are intensifying their sustainability efforts and setting the course for their further economic and strategic positioning. Our investments here are part of a long-term strategy for Austria. “

Oleg Tolochko, Managing Director Lukoil Lubricants Europe, specifies the investments made in the European headquarters in Vienna: “The commissioning of our own pier in 2016 and the photovoltaic plant in September this year are part of our ongoing efforts and investments in our sustainability strategy.”

The opening of the new landing stage in 2016 and delivery by inland vessel, according to his statement, saved 500 tons of CO2 in the first year alone. In the coming years, their own photovoltaic system is to be expanded to a capacity of 400 kwp, which will allow them to cover up to 40 percent of our energy requirements.

In recent years, an annual production of around 60,000 tons has created an important hub for the European core markets in Vienna. In addition, Lukoil invests sustainably in the research and development of innovative lubricants as well as in sustainability projects. The innovations in the production plant give Lukoil the basis for the so-called “first fill” business in Vienna, i.e. the basic equipment of new cars with engine oil.

“Our goal is to bring high-quality jobs and investments to Austria. Especially for international headquarters we are interesting as a bridge to Eastern Europe as well as due to our high innovative strength. We need to provide companies with the best possible framework conditions and speed up approvals and procedures, “said Minister of Economic Affairs Margarete Schramböck. 

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