Gazpromneft Lubricants initiates partnership with Lucho&Compania, which is the leading distributor in the Dominican lubricants market.
This September, Lucho&Compania has purchased G-Energy, G-Box, G-Profi and Gazpromneft oils totaling to 23 tons. The new partner is expected to switch to mono-brand sales scheme and become exclusive distributor of G-Energy in the Dominican Republic.
Lucho&Compania product range includes auto accessories, accumulators, air conditioners, industrial and agricultural equipment, as well as lubricants. The company’s monthly sales volume of lubricants is over 75,000 tons. Besides the Dominican market, Lucho&Compania sells oils in other Caribbean countries, as well as South America and U.S.A.
Lucho&Compania owns a chain of workshops for heavy vehicles and a vehicle fleet, where Gazpromneft Lubricants’ products will be used as well.
“The Dominican Republic today has a huge economic potential: its lubricant market is estimated at 23,000-25,000 tons and shows 4-5% annual growth. Operating in this market will let us not only widen the distribution map up to 40 countries, but strengthen our positions in the international market,” says Alexander Trukhan, General Director, Gazpromneft Lubricants.