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Prista Oil Ltd. was established in 1993 as a fuel trading distributing company.
In 1994, the Management Board of the company took a decision to start the production of motor and industrial oils, which appeared on the market in April 1995.
In 1997, Prista Oil became a share holding company with 100 % private capital.
Today Prista Oil is the main Bulgarian lubricant producer. The Lubricant Blending Plant of the company is situated in the town of Rousse in Northern Bulgaria. Its production capacity is approximately 80,000 tons per year. The plant has been designed and built in accordance with the highest world standards in the industry.
Prista oil constantly enlarged its production capacity and product line. During the last couple of years, thanks to the good quality and cost effectiveness of its products, Prista Oil became the leading Bulgarian producer of lubricants. The product line of company includes more than 150 brands of motor, industrial, hydraulic and turbine oils, greases, coolants/antifreeze and brake fluids. The base stocks and the additives used in lubricant blending are supplied by industry leading companies, ISO 9001/9002 certified.
In the period from 1997 to 2002, lubricant sales increased significantly and today Prista Oil's domestic market share is 65 %. Kremikovtsy AD, Petrol AD., Naftex Petrol AD, Bulgarian State Railways, the Nuclear Power Plant in Kozloduy, Lukoil Bulgaria, East Maritza Mining AD are among the major company's clients. Prista Oil manages a well-developed wide net of merchandisers and distributors.
Prista Oil is the biggest Bulgarian exporter of motor and industrial oils. Since 1999, the company has successfully exported its products in Romania, Macedonia, Serbia and Montenegro, Moldova, Ukraine, Hungary, Turkey, Greece and Bosnia and Herzegovina. Today, the volume of the export share is 45% from the total sales.
The company has achieved its outstanding reputation due to the high quality of its products and the vast knowledge and competence of its staff. Many Prista Oil products have been officially approved by such leading OEMs as Mercedes Benz, Volkswagen, MAN, Porsche, and Volvo. Prista Oil operates a Quality Assurance System certified according to ISO9001 and AQAP 2110.
The Central Chemical Laboratory of the company has been accredited to BDS EN ISO/IEC 17025:2001.
On 3-rd of April 2000 Texaco Global Products acquired a 25 % equity stake in Prista Oil.
Thus, PRISTA OIL joined the family of the leading petroleum companies gaining an access to new technologies and innovations. The Lubricant Blending Plant of the company has been approved for the production of Texaco branded products.
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