BENT OIL - Sustainable Development and Corporate Responsibility

History and Activity

BENT OIL started operations in 1995. For these two decades, the company has gained market positions and has become a leader in the petroleum product market in the country. In recent years the company has been invariably in the top of Bulgarian companies (not subsidiaries of world chains) in terms of fuel volumes sold with a market share of about 15% or over 270,000 tons of fuel per year.

The company offers a wide range of products - automotive fuels, LPG (liquified petroleum gas), heating fuels as well as bitumen of high-quality meeting European standards. As a big distributor BENT OIL AD works mainly with sub-distributors, but also supplies many end-users. Among its clients are a number of well-known companies working in a variety of industries - civil construction, road construction, agriculture, energy and others.

Another serious direction in the company's activity is the participation in tenders under the Public Procurement for Fuel Supply Act of departments and companies, which make their orders according to the requirements of this law. Winning such tenders BENT OIL AD has supplied oil products to the Ministry of Defence, the Ministry of Interior, Bulgarian National Television, Maritsa Iztok EAD, Maritsa Iztok 2 EAD, National Railway Infrastructure Company, Glavbolgarstroy - Infrastructure Construction AD, Road Infrastructure Agency, Sofiyska Voda AD, Varna TPP, Bulgartransgaz EAD, NEK, Employment Agency, IA Automobile Administration, Sofia Municipality, Sliven Municipality, Samokov Municipality and many other municipalities, companies, etc.

Quality and Corporate Responsibility

Since the beginning of 2009, BENT OIL AD has implemented and operated a Quality Management System. The company is certified according to the requirements of the ISO 9001 quality standard. The entire management of the company is committed to providing the necessary financial, human and material resources to maintain the high level and to continually improve the Quality Management System. The quality policy of the Company is aimed at continuously improving the quality of the products and services offered and ensuring their compliance with the requirements of the clients and with the legal and regulatory requirements.

Since 2015 BENT OIL AD has been a member of the Bulgarian Petroleum and Gas Association and as such participates in permanent work groups at the Ministry of Economy, Energy and Tourism, Ministry of Environment and Waters, Ministry of Finance, Customs Agency, National Revenue agency.

The main goal of the team is the excellent balance between high quality and affordable price. The team strives to strengthen customers' trust, to build open and clear trading relationships, constantly studying and defining client expectations and satisfaction. The Company's winning formula is: better products and services at the best possible prices for a maximum number of customers. The mission of the company's employees is sustainable development in co-operation and responsibility to the corporate partners, suppliers and the whole society.

Facilities

There are truck tanks at Company's disposal for transport of all kinds of fuels, which allows for fast and flexible operations on request by a customer. If necessary, fuel can also be transported by rail tanks. Deliveries are made from all petroleum bases of Lukoil Bulgaria in the country. Establishing itself as a reputable carrier, the company has signed contracts with LUKOIL and through them it is the only external carrier for deliveries to their counterparts, different municipalities in the country, sites of the Ministry of Interior, schools in the system of the Ministry of Education, Metropolitan Autotransport, Bulgarian State Railways (BDZ) and others.

In 2011 the company opened offices in the petroleum bases of LUKOIL in Sofia, Plovdiv, Ruse and Pleven jointly with International Asset Bank AD. This allows on-site payment of the fuel quantities needed.

BENT OIL AD has a petroleum warehouse in the Western industrial zone of the town of Pleven with reservoir capacities for about 14 million litres of liquid fuels. Over 10 million litres of light fuel are dispatched from there each month. Apart from that, the base has a potential of free areas and reservoirs. The company plans to expand its operations there. By December 31, 2016 the tangible fixed assets of the company amounted to BGN 3,142,588.

In retail sales of fuels BENT OIL AD is represented by two gas stations - one in Sofia, Ovcha kupel residential district,  1 Koloman Str. (next to Slavia Stadium) and the other on the main road E80 in the town of Kostinbrod 6th km. Quality fuels and accompanying goods and accessories for car owners at very competitive prices are offered there. Regular customers get cards that give them different privileges and discounts.

Our Team

The company's staff - professional, competent and responsible. The 65 highly qualified employees working in all departments of the company, its trade, finance, engineering specialists, a chemical and an environmental engineer have passed trainings in work with petroleum products.

BENT OIL AD sales persons are available to our partners any time they need them. They provide full assistance and advice to the company's customers on all matters relating to the supply of petroleum products - from choosing the right type of fuel to their specific needs, through logistics and optimal storage of the product concerned, to the proper keeping of the documentation required by the respective control bodies.

The company's financiers and lawyers provide a permanent consultancy to the company's users. This excludes errors that would result in sanctions by state authorities.

Every employee and manager of the company bears full responsibility for the quality of the activities performed by them within the scope of their professional competence and the quality and compliance of the offered products and services. It is important for the company to provide good working conditions, invest in the training and upgrading of each employee, and encourage their participation in planning and managing the work. Every year the company motivates its employees by increasing their qualification through various courses and seminars in the country and abroad.

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