OREANDA-NEWS. Parallel has gone up to the 72nd place in the ranking of TOP 200 biggest national companies compiled by Forbes, one of the most reputable business magazines in Ukraine. This is a strong gain as last year the company was 87th. The big oil product retailer from Ukraine's east has been on the list every year with increasingly better performance.

The Forbes list ranks companies based on their economic and financial performance available in public media. As a transparent and law-abiding business, Parallel has shown a positive growth trend and this year climbed 15 places up. Its earnings in H1 2014 increased by 12.5% to UAH 2.08 billion and profits hit UAH 14.7 million. Its payments of taxes to the Ukrainian budget grew accordingly.

“Despite the crisis conditions for doing business and multi-million losses caused by the military activities, our safety margin and established operational mechanisms help us to remain a leader in the industry,” said Yelena Khiliyenko, CEO of Parallel. “We are determined to grow actively and resume operations in the liberated cities in the east of the country”.

Parallel-M LTD is a chain consisting of 117 filling stations today, with 36 being company's jobbers operating under TM Parallel on contractual terms (20 of Donbassnefteprodukt and 16 of Neftepromtorg retailers). Parallel also operates under Gefest TM in Zaporozhye Oblast (1 filling station) and PitStop in Donetsk (1 station). Another 12 filling stations of Donbassnefteprodukt (8) and Neftepromtorg (4) sell the fuel of Parallel across their networks.

Parallel-branded stations work in Donetsk, Lugansk, Dnepropetrovsk and Zaporozhye oblasts.

In 2012, Parallel joined Ukrainian Car Importers and Dealers Association to implement Worldwide Fuel Charter principles in Ukraine.

The share capital of Parallel-M LTD is controlled by Parallel Nafta LTD, a subsidiary of SCM Group. SCM is fully owned by businessman Rinat Akhmetov.