Lukoil International
LUKOIL Lubricants Europe GmbH is a Vienna-based subsidiary of Russian oil major PJSC LUKOIL that produces and distributes finished lubricants, greases, and coolants through three owned blending plants and a B2B dealer network across Northern, Central, and Western Europe, serving automotive, commercial vehicle, and industrial customers with over 150 OEM approvals.
- Company typePrivate
- Founded2011
- HeadquartersVienna, Austria
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lukoil International does
LUKOIL Lubricants Europe GmbH is the European lubricants subsidiary of Russian oil major PJSC LUKOIL, headquartered at Uferstrasse 8 in Vienna, Austria. Founded in 2011 and originally based in Finland, the subsidiary relocated to Vienna in February 2014 following the acquisition of OMV's lubricants business in Austria. The company produces and distributes a comprehensive portfolio of finished lubricants — including passenger car engine oils (LUKOIL GENESIS), commercial vehicle heavy-duty oils (LUKOIL AVANTGARDE), industrial lubricants, greases (LUKOIL SIGNUM), metalworking fluids, and patented-technology coolants and antifreezes — operating three owned blending plants in Hamina (Finland), Vienna (Austria), and Ploiesti (Romania), and distributing products through eight branch offices and an extensive B2B dealer network across Northern, Central, and Western Europe.
The company's technology is rooted in proprietary additive chemistry, with patented additive formulations for coolant and antifreeze products that the company states often exceed manufacturer requirements. It holds over 150 OEM approvals from leading vehicle and equipment manufacturers, supported by ISO 9001:2015, ISO 14001:2015, IATF 16949:2016, and ISO 17025:2017 certifications. Revenue mechanics are transaction-based B2B lubricant sales through the owned dealer/distributor network and direct enterprise accounts, with supporting digital infrastructure including the LUKON online ordering platform and the Lubricant Advisor recommendation tool. Customer segments span commercial vehicle fleets, passenger vehicle service channels, industrial manufacturers, and specialty applications such as metalworking.
The business operates under material geopolitical and structural uncertainty. Parent PJSC LUKOIL was placed under U.S. and UK sanctions in late 2025, the Bulgarian government seized the 9.5 million tonne-capacity Lukoil Neftohim Burgas refinery, and in January 2026 PJSC LUKOIL signed an agreement to sell LUKOIL International GmbH (the international holding entity) to U.S. private equity firm Carlyle Group for approximately $22 billion, subject to OFAC regulatory approval and a February 28, 2026 divestment deadline. Competitor bids have been discussed with Gunvor and a UAE consortium (Mubadala, XRG, International Holding Company). The lubricants subsidiary's operations continue but its ultimate ownership and strategic direction remain contingent on the completion of that transaction.
Lukoil International firmographics
Firmographics- Name
- Lukoil International
- Legal name
- LUKOIL Lubricants Europe GmbH
- Website
- https://lukoil-lubricants.eu
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- LUKOIL Lubricants Europe GmbH is a Vienna-based subsidiary of Russian oil major PJSC LUKOIL that produces and distributes finished lubricants, greases, and coolants through three owned blending plants and a B2B dealer network across Northern, Central, and Western Europe, serving automotive, commercial vehicle, and industrial customers with over 150 OEM approvals.
- Ownership category
- akta.pro rank
Lukoil International industry classification
Industry- Product category
- Industrial Lubricants
- NAICS
- Petroleum Lubricating Oil and Grease Manufacturing (324191)
- SIC
- Industrial Organic Chemicals (2860), Wholesale-Chemicals & Allied Products (5160)
- akta.pro primary industry
- Lubricant Formulation & Blending (Finished Lubricants) (EUALAJAC)
- akta.pro secondary industries
- Lubricant Additives & Performance Chemicals (EUALAJAB), Industrial & Heavy-Duty Lubricants (IMAEAMAB), Gear Oils & Transmission Fluids (IMAEAMAE)
Keywords
Where Lukoil International is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices9 records
Markets served
Lukoil International business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Oil and Gas Production and Trading: Integrated oil and gas company engaged in production, trading, and export of crude oil, natural gas, and petroleum products. Revenue fell from 4.4 to 3.8 trillion rubles in 2025
- Lubricant Production and Distribution: Production and distribution of finished lubricants, greases, and related products through owned blending plants and distribution network across Europe
- Asset Divestment: Sale of international assets portfolio (valued at approximately $22 billion) to Carlyle Group as compelled by US sanctions, covering operations across Europe, Middle East, Africa, Central Asia, and Mexico
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B lubricant products sold through authorized distribution network |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Lukoil International product offering
Product offeringCore offering
LUKOIL Lubricants Europe produces finished lubricants, greases, metalworking fluids, and related chemical products at three owned blending plants in Finland, Austria, and Romania. The company distributes its products across Northern, Central, and Western Europe through 8 branch offices and an extensive B2B dealer network, serving automotive, commercial vehicle, and industrial customers with formulations holding over 150 OEM approvals.
Product overview
LUKOIL Lubricants Europe is a subsidiary of PJSC LUKOIL offering a comprehensive portfolio of finished lubricants, greases, and related chemical products. The company operates three owned blending plants in Europe (Finland, Austria, and Romania) and distributes through 8 branch offices and an extensive dealer network across Northern, Central, and Western Europe. The product portfolio includes passenger vehicle oils (LUKOIL GENESIS sub-brand), commercial vehicle oils (LUKOIL AVANTGARDE sub-brand), industrial lubricants, greases (LUKOIL SIGNUM sub-brand), metalworking fluids, and coolants. Supporting services include an online Lubricant Advisor tool, technical support, and the LUKON online ordering platform. The company holds over 150 OEM approvals from leading vehicle and equipment manufacturers.
Differentiator
Problem solved
Functional benefit
Brands
- LUKOIL GENESIS: Premium engine oil product line for passenger vehicles
- LUKOIL AVANTGARDE
- LUKOIL SIGNUM
- LUKOIL EFFORSE
- LUKOIL MIXCUT
- LUKOIL STABIO
- LUKOIL TORNADO
- LUKOIL THERMO
Products and services
- Passenger Car Lubricants
Quantifiable outcome
- Over 150 new OEM approvals from leading vehicle and equipment manufacturers
- +2 more outcomes
Companies that use Lukoil International
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Lukoil International technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature2 records
Lukoil International partnerships and signals
Strategic signalScale indicators7 records
Recent moves10 records
Expansion highlights5 records
Lukoil International competitors and assessment
Company assessmentBroad incumbents
- Castrol (BP): BP-owned global lubricants brand with strong automotive and industrial portfolios across Europe. Competes head-to-head with LUKOIL in passenger car motor oils, commercial vehicle lubricants, and industrial fluids under a much larger corporate parent.
- Shell Lubricants: Lubricants arm of Shell, one of the world's largest finished lubricants producers with deep OEM relationships and global distribution. Comparable product breadth and OEM approval depth to LUKOIL Lubricants Europe but operates at materially larger scale as part of an integrated supermajor.
- TotalEnergies Lubricants: Lubricants division of TotalEnergies offering automotive, commercial, and industrial lubricant ranges across Europe. Comparable OEM approval strategy and industrial product portfolio to LUKOIL Lubricants Europe within a broader integrated energy company.
- Petronas Lubricants: Lubricants arm of Petronas, a global integrated energy company with strong automotive and industrial fluid brands. Competes with LUKOIL Lubricants Europe in OEM approvals and industrial segments across European and adjacent markets.
- ExxonMobil Product Solutions (Mobil 1): ExxonMobil's lubricants and specialties business produces Mobil-branded passenger, commercial, and industrial lubricants globally. Overlaps directly with LUKOIL's GENESIS, AVANTGARDE, and industrial sub-brands in OEM-approved applications across Europe.
Direct peers
- Valvoline: US-headquartered finished lubricants producer with established European presence serving passenger vehicle, commercial, and industrial customers. Directly comparable product mix, OEM-driven sales, and focus on premium branded lubricants.
- Motul: French specialty lubricants manufacturer focused on automotive, motorcycle, and industrial applications with strong European OEM relationships. Comparable premium positioning, branded product portfolio, and emphasis on formulation-led differentiation.
- Fuchs Petrolub: Germany-headquartered global specialty lubricants manufacturer serving automotive and industrial customers with a broad branded portfolio. Directly comparable business model, OEM-driven sales, and European distribution footprint to LUKOIL Lubricants Europe.
- Liqui Moly: German lubricants specialist offering motor oils, additives, and automotive care products with strong DACH-region distribution. Directly comparable in product breadth, OEM approvals, and mid-market European distribution model.
Regional players
- Eni Sustainable Mobility (eni lubricants): Eni's lubricants and specialty products division focused on European automotive and industrial customers with growing emphasis on bio and sustainable lubricants. Comparable European geographic focus and industrial product portfolio to LUKOIL Lubricants Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Lukoil International social profiles
Digital presenceLukoil International compliance and trust
Trust signalCompliance7 records
Lukoil International financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lukoil International leadership team
Management profileNumber of profiles
Profiles5 records
Lukoil International subsidiaries and ownership
Company hierarchySubsidiaries6 records
Lukoil International funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lukoil International M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lukoil International
What does Lukoil International do?
LUKOIL Lubricants Europe produces finished lubricants, greases, metalworking fluids, and related chemical products at three owned blending plants in Finland, Austria, and Romania. The company distributes its products across Northern, Central, and Western Europe through 8 branch offices and an extensive B2B dealer network, serving automotive, commercial vehicle, and industrial customers with formulations holding over 150 OEM approvals.
Is Lukoil International a public or private company?
Lukoil International is a private company. It is classified as corporate owned and is currently operating.
When was Lukoil International founded?
Lukoil International was founded in 2011. It employs 101 to 250 people.
Where is Lukoil International based?
Lukoil International is headquartered in Vienna, Austria, in the Europe region.
How does Lukoil International make money?
Three revenue lines are on record. Oil and Gas Production and Trading is the primary driver. The others are lubricant Production and Distribution and asset Divestment.
Who are Lukoil International's main competitors?
Broad incumbents on record are Castrol (BP), Shell Lubricants, TotalEnergies Lubricants, Petronas Lubricants and ExxonMobil Product Solutions (Mobil 1). Direct peers are Valvoline, Motul, Fuchs Petrolub and Liqui Moly. Eni Sustainable Mobility (eni lubricants) is listed as a regional player.
Does Lukoil International have an API?
No public API is recorded for Lukoil International.
What industry is Lukoil International in?
Lukoil International's product category is Industrial Lubricants. Its primary akta.pro industry code is EUALAJAC, Lubricant Formulation & Blending (Finished Lubricants), with a secondary code of EUALAJAB, Lubricant Additives & Performance Chemicals. Its NAICS code is 324191 and its SIC code is 2860.