New fuel station chain targets rapid expansion
A new fuel station operator called Nova has entered the Portuguese market, opening 15 locations in under ten months. Founder Ricardo Coimbra plans to reach 50 stations within three years and is currently targeting acquisitions of sites dissatisfied with the potential merger between Galp and Moeve.
Galp is Portugal’s integrated energy company operating in fuel, natural gas, electricity retail, refining and upstream activities, and it supplies households and businesses across the country. For expats, issues at Galp—such as recent billing disruptions—can mean unexpected large utility bills or service problems, so check your account, contact the supplier and keep billing records.
