Ratings

Risk Factors

For information on risks relating to our business and our capital structure, please see Preem Holding Annual Reports.

Accounting principles

The accounting policies adopted are consistent with those of the Group´s annual financial statements for the year ended December 31 (2021). For further information regarding accounting principles applied, please see Preem Holding Annual Reports.

VARO Energy signs agreement to acquire Preem

A sales agreement has been signed where VARO Energy AG (“VARO”) acquires 100 percent of the shares in Corral Petroleum Holdings AB, which owns 100 percent of Preem Holdings and Preem AB (“Preem”). 

Preem's Annual and Sustainability Report: A year of significant milestones for our transition

In 2024, Preem reduced its fossil climate emissions by approximately 700,000 tons compared to 2023. This means that since 2018, the company has achieved a reduction of just over twelve percent across its entire value chain. These results are presented in Preem's Annual and Sustainability Report, underscoring the company’s goal to cut emissions by at least 90 percent throughout its value chain by 2035.

Interim Report fourth quarter ended October - December 2024

Preem Holding faced ongoing global geopolitical tensions, macroeconomic, and regulatory uncertainties during the fourth quarter. Despite these challenges, Preem Holding concluded the year with a solid financial performance, showing a recovery compared to the previous quarter.