VAROPreem

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VAROPreem is a leading energy company based in Zug, Switzerland, formed through the combination of VARO Energy and Preem AB. Dev Sanyal is the Group Chief Executive Officer of VAROPreem. On 9 July, 2026, VAROPreem acquired the remaining 74.9% shareholding from existing shareholders of Sunpine AB, the world’s largest raw tall oil biorefinery. The business was subsequently renamed VAROPreem Sunpine. The company operates across the integrated energy value chain - from manufacturing and sourcing to storage, distribution, marketing, and trading with a portfolio that spans both conventional and sustainable energies. VAROPreem owns and operates critical infrastructure essential to Europe's energy security. It is the third-largest independent refiner in the region and the second-largest renewable fuels producer in Europe, and one of the top six globally. Its integrated business includes six manufacturing hubs and access to more than 120 terminals, serving a broad base of mobility and industrial customers across 33 countries. The company supplies 10% of Europe's road and marine fuel demand through its integrated supply and distribution network. In Sweden, the company operates Lysekil and Gothenburg manufacturing hubs. In Germany, it holds a majority interest in both Neustadt and Vohburg refineries. The company owns the only refinery in Switzerland in Cressier refinery and is an 80% shareholder in the world-scale biogas manufacturing facility at Coevorden in The Netherlands. Combined, these six manufacturing hubs have a processing capacity of 530 kbd of conventional fuels, 1.3mtpa of renewable fuels and 450 GWh of biogas. VAROPreem also owns 100% share in elexon, a leading European developer of commercial vehicle charging. The company supplies 10% of Europe's road and marine fuel demand through its integrated supply and distribution network. Marcel van Poecke is the chair of the supervisory board. Dev Sanyal is the Group Chief Executive Officer and was appointed on 1 January...