We use cookies to enhance user experience and ensure optimised site functionality. We inform you that the use of Essential Cookies is auto-performed according to our Cookie Policy. You can adjust other cookie settings to your preference by selecting "Cookie Settings".
×Cookies Settings
The essential cookies are absolutely necessary for the proper functioning of the site. They allow you to browse and use its features. They are automatically installed when you visit the website.
Always On •
Statistics cookies help us, as website owners understand how visitors interact with site pages by collecting information in Google Analytics.
Suggested •
These cookies are used to track site users' preferences. Their use relates to the promotion of relevant advertisement.


JUGOPETROL A.D. is the largest petroleum products company in Montenegro. It was first established in 1947, in Kotor, under the name JUGOPETROL A.D. KOTOR. In October 2002, 54.53% of the company acquired by HELLENIC PETROLEUM Group through HELLENIC PETROLEUM INTERNATIONAL GmbH. In December 2014, the company moved its headquarters to Podgorica, the capital of Montenegro, and was renamed JUGOPETROL A.D.

JUGOPETROL A.D. is listed in the Montenegro Stock Exchange. Its activities include the retail and wholesale trade of petroleum products and lubricants under the EKO brand, the distribution and storage, as well as the exploration and production of hydrocarbons in two offshore concessions in the Adriatic Sea.

The company operates:

  • Τhe country’s biggest installation in Bar with a total capacity of 128,000 m3
  • Α network of 42 EKO branded service stations, the largest network in the country, offering the widest geographical coverage. The EKO retail network offers EuroDiesel, Unleaded 95 and 98, using the EKONOMY Diesel and 95 brand
  • EKO branded supply facilities in 3 harbors and 2 airports, in Podgorica and Tivat, and the greatest privately-owned fleet of tank-trucks in the country


The Board of Directors


Panagiotis Loukas

CEO (Non BoD Member)Vasileios Panagopoulos
MembersMaria Patsalides
Charikleia Vardakari
Ioannis Dimarakis (Independent Member)
Antonios Kelesis (Independent Member)
Tripko Krgovic (Independent Member)
Dejan Bajic (Independent Member)



Stanka Dragojevica bb
81000 Podgorica, Montenegro
Tel: +382 20 401 800, +382 20 401 801