Benzina, a unit of the Czech fuel group Unipetrol, is to sell approximately 20 petrol stations over the next two years, according to local press reports.
The company plans to dispose of loss-making operations, as well as those competing with Benzina’s other petrol stations, according to Euro Online and the Prague Daily Monitor.
In some locations, Benzina’s original stations compete with facilities the company had previously taken over from fellow Unipetrol units Kaucuk and Paramo.
According to the reports, Benzina is also planning to rename 102 of the 300 petrol stations it runs in the country in an attempt to modernize its brand. The transformation of the network is expected to be completed by 2009 and is expected to cost around CZK1.3 billion.