Petrotec Group

What Petrotec Group does

Petrotec Group, founded in 1983 and headquartered in Guimarães, Portugal, is a privately held holding company (100% Portuguese capital) that designs, manufactures, and services forecourt and mobility infrastructure globally. Through a network of wholly-owned subsidiaries and a ~1,200-employee workforce across 5 industrial units, the group serves oil companies, independent fuel retailers, fleet operators, charging point operators, industrial facilities, oil depots, marine, and aviation segments. Operations span 8 countries directly with distribution reach into 84 countries across 4 continents, an installed base exceeding 200,000 service stations globally, and approximately 150,000 service interventions per year.

The company's technology portfolio spans three integrated pillars: (1) traditional fuel dispensing under the Axon Range (premium multimedia) and Progress Range (stainless-steel reliability) brands, including LPG and AdBlue variants; (2) electric and hydrogen mobility under the Hellonext brand, comprising DC fast and ultra-fast EV chargers and the CORE H2 hydrogen control system with AXON H2 multimedia dispenser compatible with 350 and 700 bar pressures; and (3) payment automation and fleet management, including the OPT eMotion outdoor payment terminal, Neuron Forecourt Controller with MID certification and IFSF compliance, Pulse/Genesys/Microsys POS systems, Fleetsys 7 fleet management, and Petrotec Cloud Services for centralized monitoring, inventory, CRM, and media content management. Recent product releases include OPT eMotion (2024), Multimedia 13" Indoor Display (2024), the €4M Póvoa de Lanhoso EV charger factory (2024), PCS Manager and Neuron FCC enhancements (2025), and Fleetsys 7 (April 2026). All subsystems share an IFSF-compliant integration architecture supporting third-party POS, ATG, and fuel price display interoperability. AXON FM27 introduces proximity-camera-based emotional/demographic recognition and loyalty-driven recommendations at the dispenser.

Petrotec generates revenue through a mix of hardware sales (dispensers, chargers, hydrogen systems, payment terminals), professional services (installation, maintenance, consulting, engineering, midstream EPF turnkey projects delivered via Petroassist and Neertec), and recurring software (Petrotec Cloud Services, Fleetsys 7 Fleet Manager). The go-to-market is enterprise field sales supplemented by major trade show presence (Motortec, PEI/NACS, UNITI Expo) and a "Talk to an Expert" direct inquiry channel; pricing is opaque and contract-based. Strategic positioning centers on multi-energy forecourt transformation from fossil fuels through biofuels to electric and hydrogen, supported by €5.9 million of R&D investment over 2022-24, the 2024 strategic partnership with Taiwanese EV charger manufacturer Zerova, and the October 2025 CaetanoBus hydrogen refueling station inauguration.

Name

Petrotec Group

Legal name

Petrotec – Sociedade Gestora de Participações Sociais, S.A

Website

https://petrotec.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Petrotec Group is a privately held Portuguese holding company that designs, manufactures, and services forecourt and mobility infrastructure — fuel dispensers, EV chargers, hydrogen systems, payment terminals, and fleet management software — for oil companies, fleets, and charging point operators across 84 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Guimarães

HQ country

Portugal

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Fuel Dispenser Manufacturing & Sales: Design, manufacture, and sale of fuel dispensers including Axon Range (A1000, A2000, A4000, A5000) and Progress Range (P1000, P1500, P2000, P3000, P4000, P5000 LH/HH). Includes LPG and AdBlue dispensers. Sold directly and through distribution network to oil companies, independents, and fleet operators worldwide.
2. EV Charger Manufacturing & Sales: Design and manufacture of fast and ultra-fast EV chargers through the Hellonext brand. Production capacity of 3,000 fast and ultra-fast chargers annually at the new Póvoa de Lanhoso factory, with 90% intended for export to markets including UK, Spain, Poland, Czech Republic, Slovakia, Estonia, Iceland, Lithuania, and Romania.
3. Hydrogen Refueling Systems: Design, manufacturing, and installation of hydrogen refueling stations (HRS) and dispensers under the Hellonext brand. Includes CORE H2 control systems and AXON H2 multimedia dispensers compatible with 350 and 700 bar pressures.
4. Professional Services (Maintenance, Installation, Engineering): Comprehensive services including installation and construction, maintenance and repair, consulting and engineering, facility management, repair center, and midstream EPF projects. Services are delivered through Petroassist and Neertec subsidiaries.
5. Payment Terminals & Fleet Management Software: Sale of outdoor payment terminals (OPT eMotion), forecourt controllers (Neuron), indoor POS systems, and cloud-based fleet management software (Fleetsys 7, Petrotec Cloud Services). May include software-as-a-service subscription for cloud management platforms.
6. Midstream EPF (Engineering, Procurement, Fabrication): Turn-key solutions for midstream and industrial sectors including storage solutions, electromechanical equipment, piping networks, LPG and fire fighting systems, and maintenance contracts for oil depots and industrial facilities.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Petrotec Group designs, manufactures and distributes integrated forecourt equipment for the mobility value chain, including fuel dispensers (Axon and Progress ranges), DC fast and ultra-fast EV chargers, hydrogen refueling systems, payment terminals and forecourt controllers. The company also provides cloud-based fleet and retail management software (PCS, Fleetsys 7), and delivers installation, maintenance, consulting, engineering, facility management and midstream EPF services across its global subsidiary network.

Product overview

Petrotec Group is a European leader in mobility solutions with a comprehensive product portfolio spanning three generations: traditional fuel equipment (Axon and Progress range fuel dispensers with LPG and AdBlue variants), green mobility (Hellonext EV chargers and hydrogen systems under the Hellonext sub-brand), and payment automation (OPT eMotion outdoor payment terminals, Neuron forecourt controllers, Pulse POS systems, and Fleetsys 7 fleet management). The ecosystem integrates hardware products with Petrotec Cloud Services (PCS) for real-time monitoring, inventory management, and analytics. Supporting services include installation & construction, maintenance & repair, consulting & engineering, facility management, repair centre, and midstream solutions. Neertec handles green energy services while Petroassist provides fuel systems expertise. The portfolio serves Oil Companies, Independents, Fleets, Charging Point Operators, Industries, Oil Depots, Marine, and Aviation segments.

Differentiator

Problem solved

Functional benefit

Brands

• Hellonext: Electric mobility brand driving strategy for transitioning to new energy paradigm with EV charging, green hydrogen, and distributed energy resources
• Neertec
• Petroassist
• Petrotec Group S.G.P.S.
• Reset
• Hellonext HRS
• Axon Range
• Progress Range
• Fleetsys 7
• Wayne Fueling Systems

Products and services

• Axon Range Fuel Dispensers Premium line of fuel dispensers (Axon 1000, 2000, 4000, 5000) with multimedia capabilities and modular payment options. Configurable up to 12 hoses for oil companies, independents and fleet operators.
• Progress Range Fuel Dispensers Reliable fuel dispenser line (Progress 1000, 1500, 2000, 3000, 4000, 5000 LH/HH) with stainless steel finishings for retail, fleet and industrial applications. Includes LPG and AdBlue variants.
• Axon LPG Dispensers LPG dispenser variants under the Axon range including Axon 5000 LPG Combo, Axon 5000 LPG Standalone, and Axon 2000 LPG with dispensing capacity up to 60 L/min.
• Progress LPG Dispensers LPG dispenser line including Progress 5000 LPG Combo, 5000 LPG Standalone, 2000 LPG and 1500 LPG with island and lane-oriented configurations.
• Progress AdBlue Dispensers Top-of-the-line AdBlue dispenser with heated cabinet hose for low ambient temperatures, supplying AUS32 to light vehicles (10 L/min) and heavy vehicles (40 L/min) on both sides simultaneously.
• Eurotank AdBlue III Storage-focused AdBlue solution with capacity up to 10,000L, simplified maintenance, reinforced roof frame and available in standard and Compact versions.
• Hellonext EV Chargers

Quantifiable outcome

• Equipment installed in more than 200,000 service stations globally
• +4 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability3 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• CaetanoBus (Grupo Salvador Caetano)coreStrategic or Co-development Partner · 10 October 2025Petrotec Group and CaetanoBus inaugurated one of the most advanced hydrogen stations in Europe at CaetanoBus's industrial unit in Ovar, Portugal. The HRS (Hydrogen Refueling Station) by Hellonext represents an investment of approximately €2 million. The station incorporates CORE H2 control system and AXON H2 multimedia dispenser from Hellonext, designed to refuel up to 5 hydrogen buses per day at 350 bar. CaetanoBus has produced more than 200 hydrogen vehicles and operates under the COBUS brand for airport bus transportation.
• Zerova (Taiwan)coreTechnology or Integration · 21 October 2024Strategic partnership between Petrotec Group and Taiwanese multinational Zerova for the co-development and distribution of electric vehicle chargers. The partnership plans gradual incorporation of Petrotec Group's market-leading technologies including payment systems, content management, fleet management, and communication with POS systems into Zerova's EV charging equipment.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• ChargePoint: Largest EV charging network in North America and Europe with cloud software platform. Direct competitor to Hellonext in EV charging hardware and software, but with broader geographic footprint and larger installed network of charging stations.
• ABB E-mobility: Global leader in EV charging infrastructure within ABB's broader electrification portfolio. Competes with Hellonext in EV charging hardware and software but operates across a much wider portfolio including industrial automation, grid, and motion.

Direct peers

• Gilbarco Veeder-Root: Global leader in fuel dispensing and forecourt technology for retail and commercial applications. Direct competitor to Petrotec's Axon and Progress dispenser ranges, OPT eMotion payment terminals, and Neuron forecourt controllers, with overlapping product portfolio and customer base among oil majors.
• Allego: European EV charging network operator and hardware provider listed on Euronext. Direct competitor in European fast/ultra-fast charging where Hellonext is scaling, with overlapping target customer base of charging point operators and fleet operators.
• Wayne Fueling Systems (Dover): Major manufacturer of fuel dispensers, payment terminals, and forecourt management systems, now part of Dover Corporation. Petrotec actually acquired Wayne Fueling Systems UK in 2013, indicating direct product overlap and competitive positioning in the global forecourt technology market.
• HRS (Hydrogen Refueling Solutions): French manufacturer of hydrogen refueling stations. Direct competitor to Hellonext CORE H2 control system and AXON H2 dispenser in the emerging European hydrogen refueling market, with similar focus on mobility applications and comparable product architecture.
• Tokheim (TSG Group): European fuel dispenser manufacturer and forecourt solutions provider, now part of TSG. Direct competitor in the European fuel retail market with overlapping product portfolio in dispensers, payment terminals, and forecourt automation.
• Scheidt & Bachmann: German manufacturer of fuel station systems, parking solutions, and signalling technology. Direct competitor in forecourt technology and payment systems with similar enterprise customer base across European fuel retailers and fleet operators.
• Tatsuno Corporation: Japanese manufacturer of fuel dispensers and forecourt systems with global presence. Direct competitor in fuel dispensing technology with comparable product range (multiple hose configurations, LPG variants, payment integration) and similar enterprise customer base.

Regional players

• Censtar: Chinese manufacturer of fuel dispensers and forecourt equipment. Comparable in product offering and technology but primarily serves the Chinese domestic market, with limited direct overlap in Europe or Africa where Petrotec has its strongest presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grupopetrotec

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petrotec Group