Main Business Activities
Shell has been present in Slovenia since 1994 and operates through Shell Adria d.o.o., a wholly-owned subsidiary of a UK entity, Shell Overseas Holdings Ltd.. Shell Adria’s primary business activity is the sale of retail fuel via a network of nine retail sites. The company also provides Shell fleet solution services for businesses in other countries, including Croatia, Serbia, North Macedonia, Bosnia, Italy and Greece.
Country Financial Analysis
Shell Adria’s 2018 results were impacted by provisions for bad debts. In Slovenia, these provisions are not deductible for tax purposes in the year they are provided for but only in the year when the write-off criteria are met. Therefore, Shell Adria paid corporate income tax despite incurring a loss.