St1

St1 Suomi Oy[6] is a Finnish energy company and a part of St1 Nordic group that operates in Finland, Sweden, Norway and the United Kingdom. In Finland St1 Suomi Oy has a sister company called St1 Lähienergia Oy, focused on ground source heating solutions. In September 2025 St1 announced that St1 Suomi Oy will merge its subsidiary, Lämpöpuisto Oy.[7]

Retail station network

St1’s retail network offers marketplaces with fuels, growing number of EV charging and biogas filling points for heavy-duty transport and car wash, alongside stand-alone convenience stores and restaurants.[8]

St1 has previously operated both St1- and Shell-branded networks under a long-term licence agreement. With the current license agreement period coming to an end, St1 has fully transitioned to its own brand. The rebranding of the station network started in April 2025. 2025.[9]

History

St1 traces its origins to the mid-1990s, when former Neste oil trader Mika Anttonen founded Greenergy Baltic (in partnership with Greenergy) together with Ilkka Kokko in 1995-1996 to trade fuels with private dealers in Finland. The operating company Station 1 Finland Oy was incorporated in 1997 to develop the business beyond trading into distribution and retail channels.[17][18] Early growth in the late 1990s and 2000s saw the emergence of the St1 retail brand in Finland and a shift from wholesale supply to operating a branded station network through acquisitions that built national scale; in the same period the company began piloting waste-based ethanol concepts (Etanolix and Bionolix) alongside its retail expansion.[17][18][19]

St1 moved into a new phase of Nordic expansion and vertical integration in 2010 by acquiring Shell’s downstream operations in Finland and Sweden, including the Gothenburg refinery and approximately 565 filling stations, under a long-term licence to continue using the Shell brand at the acquired retail sites.[20] In 2015 St1 acquired Shell’s Norwegian marketing company Smart Fuel AS, adding more than 400 retail sites, nationwide logistics and a substantial direct sales business. The deal included a retail brand licence to keep the Shell name at stations and an aviation fuelling joint venture with Shell in Norway.[21]

During the 2010s the portfolio was diversified further into renewables and heat. St1 delivered an Etanolix waste-to-ethanol unit in Gothenburg in 2015[22] and commissioned a Cellunolix demonstration plant in Kajaani in 2017 to produce advanced ethanol from softwood sawdust, complementing earlier Finnish Etanolix/Bionolix plants.[23] The Kajaani unit later ceased operations.[24] In parallel, the group developed ground‑source heating through St1 Lähienergia Oy and piloted deep geothermal heat in Espoo (Otaniemi). Although the deep‑heat pilot was not commercialized, its wells were opened for research use in 2024.[25][26]

type	Private
foundation	Station 1 Finland Oy was founded in 1997‡R1R‡
location city	Helsinki
location country	Finland
key people	Henrikki Talvitie (CEO)‡R2R‡ Mika Anttonen (Chairman of the Board)‡R3R‡
owner	Mika Anttonen‡R4R‡
parent	St1 Nordic Oy‡R5R‡
homepage	www.st1.fi

Retail station network

Fuels

History

See also

External links

References