Energy markets today are being shaped by profound shifts. Global markets remain uncertain, while the need for security of supply remain critical. At the same time, societies expect meaningful progress toward decarbonisation as well as affordability. These are complementary objectives, and not mutually exclusive.

At VARO, we combine the strengths of our conventional energies businesses with the strengths of our sustainable energies businesses through our “twin-engine” strategy. We work in concert with our customers to provide the energy solutions that they need.

Our acquisition of Preem, which is subject to regulatory approvals, will mark a defining step. Together we will create a company with greater scale in manufacturing, a stronger geographic footprint, a robust trading franchise and a customer portfolio across 33 countries. This is another example of our business model in action.

IMD, the world-leading business school, has featured VARO’s approach in its magazine “I by IMD”. The article highlights how VARO’s “twin engine” strategy navigates the energy future. It distils the five guiding principles that have been essential to the execution of our strategy: focus where there is a right to win, balance security and transition, scale with customers, grow with discipline, and remain resilient to multiple futures.

Read the full article in “I by IMD” here.

VARO Communications
Angela Nemeth
Phone: +41795129421
Email: [email protected]

Brunswick
Will Medvei and Nabhan Malik
Phone: +44 (0)20 7404 5959
Email: [email protected]