ADDINOL Estonia celebrates its anniversary!

• 07 Jul 2015

In 1992 the ADDINOL Mineralöl Marketing OÜ started its activities in Estonia. Today the subsidiary of the ADDINOL Lube Oil GmbH holds a market share of about 30 % and is number one in Estonia. When the company was founded 15 years ago plans were to establish a centre for the markets in the east. Meanwhile, ADDINOL Mineralöl Marketing OÜ coordinates the sale in the Baltic States, in Russia, in the Ukraine, in Belarus, Georgia, Armenia, Moldova and Bulgaria. Some months ago Finland and Sweden were added to the list.

Tiina Suija, the General Manager of ADDINOL Mineralöl Marketing OÜ, on the success of her company: "We try to transfer our experiences and our knowledge to the other markets. Of course, market potential in Russia and the Ukraine is much bigger than in Estonia. We also aim at respective market shares in these countries. In 2006 we achieved a turnover increase of 66 % in Russia alone and in the Ukraine of 87 % even. From small beginnings a successful company emerged – the key for success is our unique team."

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