PetroGaz S.A.
PetroGaz S.A. is a Greek LPG distributor, founded in 1953, operating 12 storage/bottling/distribution branches nationwide, serving residential, commercial, industrial and automotive customers through cylinders, bulk tanks and a 200+ station autogas network as part of the Veroniki Holding group.
- Company typePrivate
- Founded1953
- HeadquartersAthens, Greece
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What PetroGaz S.A. does
PetroGaz S.A. is a Greek LPG (Liquefied Petroleum Gas) energy distributor founded in 1953 by Prof. Giuseppe Constantino Dragan, headquartered in Athens with operations across 12 branches spanning mainland Greece and the islands. The company stores, bottles, and distributes LPG in three delivery formats — small steel or composite cylinders (3–25 kg) for residential consumers, above-ground and underground bulk tanks (500–5,000 L) for commercial and industrial customers, and AutoGas for vehicles through a network of more than 200 partner gas stations and one company-owned multifuel station opened in Chaidari in 2019. The technical backbone is conventional hydrocarbon handling: propane/butane liquefied under moderate pressure at ambient temperature, achieving a 250x volume reduction versus gaseous storage, with high calorific value (~11,000 kcal/kg) and clean combustion that meets ISO 9001:2015 certified quality systems and Greek/EU safety regulations.
PetroGaz generates revenue through commodity LPG volume sales across domestic, commercial, industrial, and automotive segments, operating under a multi-channel go-to-market: direct via company branches, indirect via a network of over 12,000 bottled LPG retail dealers and authorized representatives, direct-to-customer bulk tank installation with recurring supply itineraries for over 15,000 industrial and commercial sites, and indirect supply to autogas station operators. Pricing is commodity-based (not publicly disclosed), with excise-driven differentiation between automotive and domestic use. The company serves a horizontally diversified customer base spanning individual homeowners, the Ho.Re.Ca. hospitality sector, and a wide range of industrial users (food processing, agriculture, manufacturing, cogeneration).
The company is privately held and operates under the direction and coordination of Veroniki Holding S.p.A., a pan-European conglomerate founded in 2010 by Daniela Veronica Gusa de Dragan that consolidates the Dragan Group's holdings across 8 European countries (Italy, Greece, Germany, Romania, Poland, Serbia, Spain, France) with 33 entities and 1,350 employees. PetroGaz functions as the Greek operating entity within this group structure, contributing LPG as one of the holding's core verticals alongside renewable energies, electricity, natural gas, naval, real estate, food packaging, and cultural/teaching activities. The current management team was largely appointed or reshaped in 2021, led by General Manager Athanasios Polimenakos.
PetroGaz S.A. firmographics
Firmographics- Name
- PetroGaz S.A.
- Legal name
- PetroGaz S.A.
- Website
- https://petrogaz.gr
- Company type
- Private
- Founded year
- 1953
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PetroGaz S.A. is a Greek LPG distributor, founded in 1953, operating 12 storage/bottling/distribution branches nationwide, serving residential, commercial, industrial and automotive customers through cylinders, bulk tanks and a 200+ station autogas network as part of the Veroniki Holding group.
- Ownership category
- akta.pro rank
PetroGaz S.A. industry classification
Industry- Product category
- LPG Distribution
- NAICS
- Natural Gas Distribution (221210)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)
- akta.pro primary industry
- NGL/LPG Storage & Fractionation Terminals (TLAGAKAE)
- akta.pro secondary industries
- NGL/LPG Pipeline Storage & Terminaling (Caverns, Bullet Tanks, Tank Farms) (TLAGAEAM), LPG / NGL Terminals (Pressurized/ Refrigerated Gas) (TLAHABAK)
Keywords
Where PetroGaz S.A. is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices14 records
Markets served
PetroGaz S.A. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- LPG Product Sales: Sale of LPG in bottled form (cylinders) and bulk form (tanks) for domestic, commercial, industrial, and automotive use. Revenue generated from product volume sales across a nationwide distribution network.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels2 records
PetroGaz S.A. product offering
Product offeringCore offering
PetroGaz distributes LPG (Liquefied Petroleum Gas) - a mixture of propane and butane - in bottled cylinders and bulk tanks for residential, commercial, industrial, and automotive use throughout Greece. The company operates 12 storage, bottling, and distribution plants, supplies more than 12,000 bottled LPG dealer stores, more than 15,000 installed bulk customer tanks, and over 200 AUTOGAS gas stations, including its own company-branded multifuel station opened in 2019.
Product overview
PetroGaz S.A. is a Greek LPG (Liquefied Petroleum Gas) energy company offering a comprehensive portfolio of products and services for domestic, commercial, industrial, and automotive use. The core product line consists of LPG distributed through multiple delivery formats: bottled LPG cylinders (in traditional steel and innovative composite variants in 3kg, 10kg, 13kg, and 25kg capacities), LPG tanks (horizontal and vertical above-ground and underground models ranging from 500L to 5,000L), and automotive LPG (AutoGas) supplied through a network of over 200 gas stations. The company serves residential customers for cooking, heating, cooling, and hot water; commercial enterprises including hotels, restaurants, and cafes; and industrial sectors spanning food processing, manufacturing, agriculture, and energy production. PetroGaz operates 12 storage, bottling, and distribution facilities throughout Greece, positioning itself as a national leader in the LPG sector since 1953.
Differentiator
Problem solved
Functional benefit
Products and services
- LPG Cylinders Bottled LPG available in multiple capacities (3kg, 10kg, 13kg, 25kg) for domestic cooking, heating, and hot water, distributed to individual consumers and small businesses through PetroGaz's dealer network.
- Composite LPG Cylinders Innovative composite LPG cylinders made from high-strength materials, 50% lighter tare weight than steel for easier transport and use, with transparent body to allow visible LPG level for timely replacement and a modern appearance.
- LPG Tanks Above-ground and underground LPG storage tanks in capacities from 500L to 5,000L (horizontal and vertical configurations), supplied with regular delivery itineraries to residential, commercial, and industrial customers requiring bulk LPG.
- Automotive LPG (AutoGas) LPG supplied for automotive use through a network of over 200 multi-fuel gas stations throughout Greece, providing fuel cost savings and reduced emissions versus conventional fuels.
Quantifiable outcome
- LPG calorific value: 11,000 kcal/kg (propane) with 90% efficiency yielding 9,900 kcal/kg useful energy
- +1 more outcomes
Companies that use PetroGaz S.A.
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
PetroGaz S.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
PetroGaz S.A. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Veroniki HoldingcorePetroGaz is a subsidiary of Veroniki Holding, founded in 2010 by Daniela Veronica Gusa de Dragan as the coordination structure of the Dragan Group. Veroniki Holding operates in 8 European countries (Italy, Greece, Germany, Romania, Poland, Serbia, Spain, France) with 33 entities and 1,350 employees, focusing on LPG as core business along with renewable energies, electricity and natural gas, naval, real estate, food packaging, and cultural/teaching sectors.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
PetroGaz S.A. competitors and assessment
Company assessmentDirect peers
- Butagaz: Butagaz is a major French LPG distributor (now part of Repsol) supplying bottled, bulk and automotive LPG to residential and commercial customers. Direct comparable to PetroGaz's domestic and commercial LPG business.
- Calor Gas: Calor Gas is the UK's leading LPG distributor (SHV Energy subsidiary), supplying LPG in cylinders and bulk tanks to homes, businesses, and industrial customers. Highly comparable to PetroGaz in product mix and customer segmentation.
- Elinoil: Elinoil is a Greek fuel distribution and LPG company serving domestic, commercial and industrial customers with branded fuels and gas stations. A regional direct peer competing with PetroGaz across LPG cylinders, bulk supply and automotive fuel in Greece.
- SHV Energy: SHV Energy is one of the world's largest LPG distribution groups (parent of Primagaz, Calor Gas, Icopal) operating across Europe, Asia and the Americas. It is the most directly comparable global LPG distributor to PetroGaz in business model and product portfolio.
- Antargaz: Antargaz is a French LPG distributor (UGI International subsidiary) supplying bottled and bulk LPG to households, businesses and industry. Comparable to PetroGaz in product range, customer segments, and distribution model.
- Primagaz: Primagaz is a major European LPG distributor (SHV Energy subsidiary) operating in France, Belgium, Netherlands, Germany, Poland and other countries. Closely mirrors PetroGaz's model of bottled, bulk, and automotive LPG supply to households and businesses.
Broad incumbents
- Repsol: Repsol is a Spanish integrated energy major with a dedicated LPG/butane business (including Butagaz in France) operating across Iberia and Europe. A broader incumbent with overlapping LPG capabilities competing for European LPG customers.
- HelleniQ Energy: HelleniQ Energy (formerly Hellenic Petroleum) is Greece's largest integrated energy group, operating refining, fuels marketing and LPG/Autogas distribution. A broader incumbent competing with PetroGaz across LPG, automotive fuels and retail stations in the Greek market.
- Motor Oil Hellas: Motor Oil Hellas is a Greek oil refining and marketing major with fuel retail and LPG activities. It is a broad incumbent in the Greek downstream market that competes with PetroGaz for industrial and automotive fuel customers.
- TotalEnergies: TotalEnergies is a global integrated energy major with LPG distribution, gas stations, and energy services across Europe including Greece. A broad incumbent with overlapping downstream and LPG capabilities versus PetroGaz.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
PetroGaz S.A. social profiles
Digital presencePetroGaz S.A. compliance and trust
Trust signalCompliance1 record
PetroGaz S.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
PetroGaz S.A. leadership team
Management profileNumber of profiles
Profiles7 records
PetroGaz S.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PetroGaz S.A. 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 PetroGaz S.A.
What does PetroGaz S.A. do?
PetroGaz distributes LPG (Liquefied Petroleum Gas) - a mixture of propane and butane - in bottled cylinders and bulk tanks for residential, commercial, industrial, and automotive use throughout Greece. The company operates 12 storage, bottling, and distribution plants, supplies more than 12,000 bottled LPG dealer stores, more than 15,000 installed bulk customer tanks, and over 200 AUTOGAS gas stations, including its own company-branded multifuel station opened in 2019.
Is PetroGaz S.A. a public or private company?
PetroGaz S.A. is a private company. It is classified as corporate owned and is currently operating.
When was PetroGaz S.A. founded?
PetroGaz S.A. was founded in 1953. It employs 11 to 50 people.
Where is PetroGaz S.A. based?
PetroGaz S.A. is headquartered in Athens, Greece, in the Europe region.
How does PetroGaz S.A. make money?
One revenue line is on record: LPG Product Sales.
Who are PetroGaz S.A.'s main competitors?
Direct peers on record are Butagaz, Calor Gas, Elinoil, SHV Energy, Antargaz and Primagaz. Broad incumbents are Repsol, HelleniQ Energy, Motor Oil Hellas and TotalEnergies.
Does PetroGaz S.A. have an API?
No public API is recorded for PetroGaz S.A..
What industry is PetroGaz S.A. in?
PetroGaz S.A.'s product category is LPG Distribution. Its primary akta.pro industry code is TLAGAKAE, NGL/LPG Storage & Fractionation Terminals, with a secondary code of TLAGAEAM, NGL/LPG Pipeline Storage & Terminaling (Caverns, Bullet Tanks, Tank Farms). Its NAICS code is 221210 and its SIC code is 5171.