Petroprix, the independent petrol station operator, has demonstrated strong growth in the sector, exceeding 170 service stations in operation, following the recent opening of new locations.
The company, which was already present in the Iberian Peninsula with 160 stations at the end of 2024, has presented two new stations in the last month, one in Móstoles (Madrid) and another in La Puebla del Río (Seville). This expansion not only reinforces its current presence, but also reflects Petroprix's ambitious vision for the future.
Turnover and global expansion prospects
The group aims to achieve an impressive turnover of 1,000 million euros this year. But that's not all; Under a bold plan, the company aims to increase its number of operating stations to 300 globally and reach €1.4 billion in revenue within three years. This growth will be the result of a diversified strategy that includes the opening of new points of sale in Spain, Portugal and Latin America.
Expansion in Portugal
Petroprix's expansion is also noticeable in Portugal, where the company has entered a promising new market. Since its arrival last year, Petroprix has undertaken 88 projects in the pipeline and has planned 25 additional licenses for 2025.
This growth represents a 257% increase compared to the current situation. Key areas of development include the vibrant cities of Lisbon, Porto and Algarve, highlighting Petroprix's commitment to solidifying its presence on the peninsula.
Projects in Latin America
Apart from its foray into the Portuguese market, Petroprix is setting its sights on Latin America. In the coming weeks, it will inaugurate its first station in Chile. The company already has 24 projects underway and expects to end 2025 with about 20 operational stations on the continent. This expansion is not a mere coincidence; Latin America is a key region for Petroprix's future growth.
Differentiating strategy
Manuel Santiago, founder and CEO of Petroprix, emphasised the uniqueness of its approach. Unlike other operators in the market, the group's growth is not limited to national borders. "It is very important for us to transfer the automatic model to other regions of the world where there is no competition," he points out. This emphasis on internationalization and an innovative business model is what could differentiate Petroprix from its competitors in such a dynamic sector.
Challenges and opportunities in the sector
The service station market is constantly evolving, with emerging challenges and opportunities. As demand for traditional fuels begins to feel the pressure for greener pathways, Petroprix is in a good position to adapt to this new reality. With a strategy that combines growth through openings in various countries and a clear intention to address previously underserved markets, the company could become a crucial player in the future of the sector.
Projections for the future
Petroprix's ambition does not end with short-term expansion plans. With its diversified approach and a growing number of stations in various regions, the company seems well-positioned to meet any challenge. This not only benefits the company itself, but also consumers in the regions where they plan to settle, who will be able to access quality services and hopefully more sustainable alternatives in the future.
The evolution of Petroprix is an example of how growth in today's economy can be both bold and strategic. With a presence in multiple markets and a solid pipeline of openings and projects, the future looks promising. The continuous search for innovation and expansion in a market in transformation invites us to reflect on the role that companies can play in the development of an increasingly competitive and responsible sector. Keep an eye out for what's new in the gas station and energy space, because there are sure to be more surprises to come.
Original article Petroprix is growing at a rapid pace: more than 170 stations in operation and an ambitious goal of one billion by 2025