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Published: 2023-03-27 07:49:40 CEST
VIRŠI-A
Company Announcement

AS VIRŠI-A will open service stations in Preiļi and Krāslava

Energy commodities trader and convenience store network AS VIRŠI-A (hereinafter – Virši) will expand its network by opening full-service franchise stations in Preiļi and Krāslava in June.

Franchise stations "Preiļi" and "Krāslava" will start operating in June this year. Currently, Virši offers its services at 70 locations throughout Latvia. The expansion of the network is a step closer to the Virši goal of growing its coverage to 80 service stations by the end of 2024. The service stations "Preiļi" (Jaunsaimnieki) and "Krāslava" (Rīgas iela 165A) will offer a full range of services.

"We are very pleased that we have commenced mutually beneficial cooperation with a new franchise partner, as a result of which two more franchise stations will join the Virši network by the end of June. Until now, we were not represented in that particular region, so the new stations will provide a strong geographical addition to our network.
The requirements of the franchise concept are the same as for any Virši station and we are proud that more and more customers will be able to choose the quality services of our homegrown company on a daily basis and enjoy the special Virši approach that permeates everything we do - from quality fuel, high customer service standards, functional and authentic station interior design to every cup of freshly roasted coffee, emphasizes Jānis Vība, Chairman of the Board of Virši.

Additional information about the locations of the new service stations and the range of available products and services will be available on the Virši website: https://www.virsi.lv/en/private/gas-stations   

The shares of AS VIRŠI-A are admitted to trading on Nasdaq Baltic First North Market.
The certified adviser for AS VIRŠI-A is Law Office Eversheds Sutherland Bitāns.

Virši is a rapidly growing energy commodities trader and convenience store network with 28 years of experience. Currently there are 70 service stations in the Virši network and these employ over 740 employees across all of Latvia. On November 11 2021 AS VIRŠI-A shares were admitted to trading on the alternative market First North of Nasdaq Riga stock exchange.

         Contact details:
         AS VIRŠI-A
         Undīne Priekule
         E-mail: undine.priekule@virsi.lv
         Telephone: +371 26141219
         
         Certified adviser:
         ZAB Eversheds Sutherland Bitāns SIA
         Justīne Ignatavičute
         E-mail: justine.ignatavicute@eversheds-sutherland.lv
         Telephone: +371 28665066