The company was established in April 1947 as Jugopetrol, in the city of Ljubljana, and renamed Petrol in 1953.
In 1974, trading in natural gas began. In 1996, the company was transformed into a joint-stock company under the name Petrol, Slovenska naftna družba, d.d. Ljubljana, and a year later the shares were listed on the Ljubljana Stock Exchange. In 1996, internationalization also began with the establishment of a subsidiary in Croatia, where the first service stations were built in 1999. The first stations in Bosnia and Herzegovina followed a year later, and in Serbia in 2003.[2]
