Tirana, November 14, 2024 – Kastrati Group Sh.a, Coral S.A., and Coral Albania Sh.a., the licensed operator of the Shell brand in Albania, have signed a landmark agreement to introduce Shell fuel stations to the Albanian market. This collaboration marks the first time Shell’s globally recognized brand will be accessible to Albanian consumers, signaling a significant development for the country’s energy sector.
Under the terms of the agreement, the first Shell-branded service stations in Albania are set to open by the end of next year. This strategic partnership will leverage Kastrati Group’s extensive infrastructure and expertise to establish a network of Shell stations that will offer premium fuel products and services to Albanian drivers.
Speaking on behalf of Kastrati Group, Leonard Kastrati expressed enthusiasm about this new venture:
“We are delighted to announce our partnership with Coral S.A. to bring Shell fuel stations to Albania. This is a major milestone for the country’s energy sector. Through this collaboration, we aim to provide local customers with an expanded range of fuel products and services while driving innovation and sustainable growth within the energy landscape of Albania.”
Christos Ketsitzoglou, representing Coral Albania, echoed this optimism, emphasizing the significance of the partnership:
“The opening of Shell-branded stations in collaboration with Kastrati Group in Albania is a key step in our strategy to expand operations in Southeast Europe. This cooperation ushers in a new era for retail fuel stations and energy services in the country.”
About Kastrati Group Sh.a
Kastrati Group Sh.a is one of the most reputable brands in Albania, known for its commitment to quality and excellence across multiple industries. With a diverse portfolio spanning fuel trading, tourism, hospitality, insurance, financial services, infrastructure, construction, automotive, and retail, the group has played a pivotal role in driving economic growth in Albania for over 30 years. Through strategic investments, strong partnerships, and a focus on customer satisfaction, Kastrati Group has built a legacy of trust and innovation.
About Coral S.A.
Coral S.A. has been a prominent player in the Greek oil market since 1926, previously operating as Shell Hellas S.A. before its acquisition and rebranding by Motor Oil Hellas S.A. in 2010. With over 800 Shell-branded retail stations in Greece and operations extending to Southeast Europe, including Cyprus, Croatia, Serbia, and North Macedonia, Coral S.A. is a market leader. Coral Albania Sh.a, established in 2017, continues to build on this legacy, delivering high-quality fuel products and services across Albania.
A Transformational Partnership
This partnership between Kastrati Group and Coral S.A. represents a strategic effort to elevate Albania’s energy sector by introducing internationally recognized standards of quality and service. As Shell fuel stations become a part of the Albanian landscape, consumers can look forward to a premium fueling experience and the reliability associated with Shell’s global brand