August 2, 2008

FleetCor Establishes Partnership With Petrol Plus Region

FleetCor, a fleet card company, has established a strategic partnership with Moscow-based Petrol Plus Region, an independent fuel card company.

Petrol Plus Region (PPR) has operations in Russia, Poland and the Baltic countries of Lithuania, Latvia and Estonia. FleetCor will assume management and strategic development responsibility of the business.

Andrew Blazye, CEO of FleetCor Europe, said: "We are very excited to enter the fast-growing Russian market as well as expand our client base to Poland and the Baltic countries. PPR has done a terrific job in developing its business over the last five years. Now, by partnering with FleetCor, it gains a solid financial backing and additional global fuel card know-how."