Gunvor
Sign in to saveGunvor Group Ltd is a multinational energy commodities trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, Houston, Stamford, London, Calgary, and Dubai, with a network of representative offices around the globe. The company operates in the trade, transport, storage and optimization of petroleum and other energy products, as well as having investments in oil terminal and port facilities. Its operations consist of securing crude oil and petroleum products upstream and delivering it to market via pipelines and t
Key facts
- Company.name
- Gunvor Group Ltd
- Company.logo
- Gunvor Group logo.svg
- Company.type
- Private
- Company.foundation
- 2000
- Company.founders
- Gennady TimchenkoTorbjörn Törnqvist
- Company.location_city
- Geneva, Switzerland(head office)Nicosia, Cyprus (registered office)
- Company.area_served
- Global
- Company.industry
- Commodity
- Company.services
- Energy trading, raw materials
- Company.revenue
- US$136 billion (FY2024)
- Company.net_income
- US$729 million (FY2024)
- Company.equity
- US$6.5 billion (FY2024)
- Company.owner
- Torbjörn Törnqvist (84.79%) Employees (15.21%) (FY2024)
- Company.num_employees
- 1,700 (FY2024)
via Wikipedia infobox
Official website
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gunvorgroup.com →Link to the official site · 435 chars · not written by Vinony
Wikidata facts
- Instance of
- enterprise
- Country
- Netherlands
- Founded by
- Torbjörn Törnqvist
- Headquarters
- Geneva
- Legal form
- besloten vennootschap
- Official website
- gunvorgroup.com
Show 4 more facts
- inception
- 1997-01-01
- director / manager
- Torbjörn Törnqvist
- social media followers
- 5682
- Commons category
- Gunvor (multinational)
via Wikidata · CC0
~11 min read
Encyclopedic overview
9 sectionsContents
- Early years
- Logistics and infrastructures
- Expansion
- Ownership
- Controversies
- References
- Notes
- Further reading
- External links
Gunvor Group Ltd is a multinational energy commodities trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, Houston, Stamford, London, Calgary, and Dubai, with a network of representative offices around the globe. The company operates in the trade, transport, storage and optimization of petroleum and other energy products, as well as having investments in oil terminal and port facilities. Its operations consist of securing crude oil and petroleum products upstream and delivering it to market via pipelines and tankers. Gunvor has a separate company, Nyera, set up in 2021 to invest in renewable energy sources. It is run by energy transition director Fredrik Tornqvist.
The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol and Trafigura.
Excerpted from Wikipedia’s “Gunvor” article, available under the CC BY-SA 4.0 licence.