Printer Friendly

EXXON ENTERS CZECHOSLOVAKIA

 EXXON ENTERS CZECHOSLOVAKIA
 IRVING, Texas, Nov. 21 /PRNewswire/ -- Exxon Corporation (NYSE: XON)


announced today that Esso A.G., Exxon's German affiliate, has created a new subsidiary, Esso Czechoslovakia, to market petroleum products in the Federal Republic of Czechoslovakia.
 The new subsidiary, which has opened offices in Prague and Bratislava, will establish a retail motor fuel network in that country to market a full range of petroleum products and lubricants. Esso Czechoslovakia will build new service stations, and plans to purchase a number of existing service stations from state-owned Benzina and Benzinol.
 The new stations will use state-of-the-art service station technology, including the latest environmental protection systems to guard against water, air and noise pollution. These stations will have used oil disposal systems, oil/water separators spill protection systems and double-walled steel underground tanks to prevent leakage. The new stations also incorporate the Esso Shop, or convenience store, a concept which has become popular in many parts of the world over the last few years. They will be self-service, will include automatic carwash and vacuum systems, and will offer motorists the ease and convenience of quick-change lube service and safety performance checks.
 It is anticipated that Esso Czechoslovakia will make significant modifications to existing service stations to bring them up to Exxon standards for safe, attractive and environmentally sound retail operations.
 Esso A.G. already has new retail marketing operations in Hungary and plans to open service stations in Poland. In addition, the company expects to have 20 service stations in operation in the Eastern part of Germany by year-end 1991.
 -0- 11/21/91
 /CONTACT: William D. Smith of Exxon, 214-444-1109, or 214-444-1107/
 (XON) CO: Exxon Corporation ST: Texas IN: OIL SU: CK -- NY040 -- 5830 11/21/91 11:06 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 21, 1991
Words:291
Previous Article:NATIONAL BLUE CROSS AND BLUE SHIELD ASSOCIATION ELECTS ANDY CZAJKOWSKI CHAIRMAN OF THE BOARD
Next Article:FIRST FIDELITY DECLARES DIVIDENDS ON PREFERRED STOCK
Topics:


Related Articles
Exxon's Valdez studies ignite controversy.
EXXON, SODECO REACH MILESTONE IN SAKHALIN ISLAND NEGOTIATIONS
TOSCO CORPORATION ANNOUNCES EXPANSION OF RETAIL OPERATIONS INTO ARIZONA
EXXON TO ACQUIRE INTEREST IN AZERBAIJAN PROJECT
EXXON AFFILIATES SIGN EXPLORATION, CHEMICAL, REFINING AND MARKETING AGREEMENTS WITH CHINA
EXXON CONCLUDES SAKHALIN III PSA NEGOTIATIONS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters