Teboil was ordered into corporate reorganization

Fuel company Teboil has been ordered for corporate reorganization. The matter appears from the insolvency register of the Court Register Center. The start date of the procedure is Friday.

In November, Teboil was said to have filed for corporate restructuring.

The Russian oil giant Lukoil, which owns Teboil operating in Finland, was targeted by US sanctions in the fall. That’s why Lukoil exists tried to sell.

The banks have suspended Teboil’s payment traffic, and fuel is no longer delivered to them.