In January-August 2024, Ukrnafta doubled its revenue from non-fuel goods and services at its filling station network compared to the same period last year, according to a company announcement on Facebook.

The number of non-fuel receipts during this period increased by 71%.

Overall, 9.1 million units of goods were sold at UKRNAFTA filling stations during these eight months, compared to 5.3 million in January-August 2023.

The conversion rate, which measures the ratio between fuel and non-fuel sales, reached 0.29 during this period, compared to 0.21 in 2023 and 0.12 in 2022. The company's goal is to reach a ratio of 1.

"The company continues to upgrade its filling stations, opening markets where sales were previously conducted from 'kiosks,' significantly improving customer service," the statement said.

Ukrnafta is Ukraine's largest oil extraction company and operates a national network of filling stations. In March 2024, the company took over the management of Glusco assets, and now operates 545 filling stations – 460 of its own and 85 under management.

As reported, Ukrnafta earned UAH 10.6 billion in net profit in January-June 2024.

The company is implementing a comprehensive program to renew operations and modernize the format of its filling stations. Since February 2023, Ukrnafta has been offering its own fuel vouchers and NAFTA Cards, which are sold to both legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder in Ukrnafta is Naftogaz Ukrainy, which holds a 50%+1 share. In November 2022, the General Staff of the Armed Forces of Ukraine decided to transfer the corporate rights of the company, previously owned by private shareholders, to the state. The Ministry of Defense now oversees these shares.