Press Release: Gilbarco Veeder-Root Europe supports NIS with their launch of a new premium retail brand

Basildon, 22/07/2013 - Gilbarco Veeder-Root will provide a range of products and solutions from across its portfolio to support the new GAZPROM petrol station network across the Balkans.

Gilbarco Veeder-Root will support this new network with products from across its portfolio including the Horizon fuel dispenser with Applause Europe (multimedia) and Passport Europe. In addition, Gilbarco Veeder-Root will provide the high end solution TLS-450 tank gauge with density probes and Red Jacket submersible pumps, making GAZPROM the first network to use this pressure technology in Romania and the Balkans.

The first 10 petrol stations have opened in Romania and more will follow in Bulgaria and Serbia. By the end of 2013, the network will include over 120 petrol stations. Gilbarco Veeder-Root was particularly delighted recently to attend the launch of the first of these new filling stations in Romania at an event attended by Romanian High officials, a number of government ministers and senior representatives from GAZPROM.

Florin Finaru, Gilbarco Veeder-Root Country Manager CEE, commented: "Gilbarco Veeder-Root is delighted to be working in partnership with NIS as they launch the GAZPROM brand across the Balkans. The Balkans is an area of huge growth for us and we are always keen to work with organisations to bring the latest fuel retailing technology and equipment to this area. I was particularly honoured to be invited to the official opening of the network in Romania recently and look forward to working closely with NIS to support the future growth of the GAZPROM brand across the Balkans."

Mr. Adrian Balan Doltu, Business Development Director NIS Romania commented: "As the market leader in Point of Sale and Automatic Tank Gauging across the Romanian market, Gilbarco Veeder-Root was an ideal partner to work with to support the launch of the new GAZPROM network across the Balkans. We were particularly impressed by their range of pressure technology and unique portfolio, which I am confident will ensure the success of our new network."

Mr. Mihai Corbu, Executive Director NIS Romania commented: "We are confident that, together with Gilbarco Veeder-Root, we will achieve real operational improvement and sustained and stable growth. The Gilbarco Veeder-Root team has provided us with valuable ideas, strategic direction and operational resources that have enhanced our management effectiveness and operational efficiency. Through this partnership, we expect to bring great opportunities for both sides, to share and exchange expertise, and to use our experience to develop further."

For more information contact:

Helen Mayes
Senior Marketing Communications Executive
+44 (0) 1268 533090
helen.mayes@gilbarco.com

About Gilbarco Veeder-Root

Gilbarco Veeder-Root is a global market leader in fuelling and payment systems for convenience stores, hypermarkets and service stations. With a universal range, global reach, deep-rooted expertise and superior customer service, Gilbarco Veeder-Root is committed to building better business for its customers. By understanding the challenges that our customers face, we are able to meet their needs with adaptable and expandable solutions.

Our range of solutions are designed to maximise uptime and profitability. These include:

• Retail Solutions- A comprehensive selection of POS, BOS and HOS for retail forecourts
• Business Support- Onsite and remote service and support designed to protect assets and drive operational efficiency
• Pumps & Dispensers- An unparalleled range of robust, reliable, accurate and secure technology
• Wetstock Management- Smart solutions to enable the total control of wetstock monitoring, consolidating and reconciling

The Gilbarco Veeder-Root group of companies has manufacturing, sales, distribution, and service locations in North and South America, Europe, Asia and the Pacific Rim. It is headquartered in Greensboro, NC, with manufacturing and research and development centres in Germany, Italy, UK, Denmark, U.S., India, Argentina, Brazil, China, Australia and Mexico. The European, Middle East and Africa headquarters is based in Basildon, United Kingdom.