Summary:
€25 million investment for 50 new stations by 2026
20 new locations expected to open in 2025
3% market share target by 2028
10 cents savings per liter compared to major brands
Recent station opened in Matosinhos (Porto)
Petroprix's Ambitious Expansion
Petroprix is gearing up for a major expansion in Portugal with a significant €25 million investment aimed at establishing 50 new service stations by the end of 2026. Currently, the company operates three stations and has plans to open 20 additional locations in 2025, with an estimated investment of €10 million.
© Petroprix
The cost for each new station is projected to be between €400,000 and €500,000, depending on their size and location. The company aims to capture 3% of the market share in Portugal between 2027 and 2028, focusing on a model of automated and low-cost service stations.
Manuel Santiago, CEO of Petroprix, stated, "Our stations offer the same fuel as the major brands, but with savings of up to 10 cents per liter, thanks to an efficient system with no additional costs."
Recently, Petroprix opened its third station in Matosinhos (Porto), strategically positioned for easy urban access. This expansion reflects Petroprix’s confidence in the Portuguese market and its commitment to enhancing refueling options for customers nationwide.
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