Press Releases

Puma Energy joins the HEC Foundation

2 October 2013
Puma Energy joins the HEC Foundation - HEC Paris Jean-Marc Biais 2013

Puma Energy is happy to announce it has joined the HEC Foundation as a corporate partner. The HEC Foundation focuses on furthering knowledge in management sciences and supporting the development of HEC Paris.  A signing ceremony was held on 2nd October 2013 in Paris, in the presence of Pierre Eladari, CEO of Puma Energy, Jean-Paul Vermès, Vice Chairman, Paris Ile-de-France Regional Chamber of Commerce and Industry, Head of Education Committee, Bernard Ramanantsoa, Dean of HEC Paris and Barbara de Colombe, Executive Director of the HEC Foundation.

The four year partnership will allow Puma Energy to increase its commitment to education and to strengthen its presence with HEC graduates and alumni worldwide.  At the same time, Puma Energy, through its position as a fast-growing global independent fuels group, is looking forward to contributing to HEC’s state-of-the-art research and teaching in Executive Education in the energy field.

Pierre Eladari, CEO of Puma Energy said: “The successful growth story of Puma Energy strongly relies on talented employees. Considering our ambition and the momentum in our activities in fast growing, frontier markets, attracting the best talent is more than ever a strategic priority. Not only will our partnership with HEC strongly contribute to this objective, but it will also enable our employees who are being fast tracked into management positions to gain access to HEC expertise, specifically at the world-leading Petroleum Center.”

Barbara de Colombe, Executive Director of the HEC Foundation, explained: "We are glad to welcome Puma Energy in the circle of our corporate partners that support the ambitions of HEC and its international development."

Bernard Ramanantsoa concluded: “Our partnership with Puma Energy underlines our commitment to offering the best educational program possible, and thereby ensures that the education which our students receive reflects the needs of an ever-changing business world.”

Note to Editors:
About HEC Paris
Specialized in education and research in management, HEC Paris offers a complete and unique range of educational programs for the leaders of tomorrow: Masters Programs, MBA, PhD, HEC Executive MBA and TRIUM Global Executive MBA. Founded in 1881 by the Paris Chamber of Commerce and Industry and founding member of ParisTech, HEC Paris has a permanent faculty of 110 professors, more than 4,000 students and over 8,500 managers and executives in training every year. www.hec.edu
About the HEC Foundation
Founded in 1972 and recognized as a charity in 1973, the HEC Foundation's mission is to support management sciences in France, through the development of HEC Paris. The HEC Foundation is supported by 46 corporate partners, 18 chairs and centers, more than 140 major donors and thousands of Alumni donors. In 2008, the HEC Foundation launched its first fundraising campaign, aiming to raise €100 million by 2013. www.thecampaign-hec.com - fondation@hec.fr
About Puma Energy
Puma Energy is a global integrated midstream and downstream oil company active in over 35 countries. Formed in 1997 in Central America, Puma Energy has since expanded its activities worldwide, achieving rapid growth, diversification and product line development. The company directly manages over 6,000 employees. Headquartered in Singapore, it has regional hubs in Johannesburg (South Africa), San Juan (Puerto Rico), Brisbane (Australia) and Tallinn (Estonia). Puma Energy’s core activities in the midstream sector include the supply, storage and transportation of petroleum products. Puma Energy’s activities are underpinned by investment in infrastructure which optimises supply chain systems, capturing value as both asset owner and marketer of product.
Puma Energy’s downstream activities include the distribution, retail sales and wholesale of the full range of refined products, with additional product offerings in the lubricants, bitumen, LPG and marine bunkering sectors. Puma Energy currently has a global network of over 1,500 retail service stations. Puma Energy also provides a robust platform for independent entrepreneurs to develop their businesses, by providing a viable alternative to traditional market supply sources. Total sales are expected to reach over USD 13 billion in 2013. Puma Energy’s strategic shareholders are Trafigura Beheer B.V, one of the world’s largest independent commodity traders, and Sonangol, the national oil company of Angola.
Puma Energy - Fast Facts:
-   15th year of operation
-   Storage capacity of over 4.4 million m3
-   Over 21,000 21 million m3 2012 throughput
-   More than 1,500 retail stations
-   Operating in 35+ countries, including 15 countries in Africa
-   2012 sales volume: over 8.9 million m3
-   2012 turnover: USD 8.7 billion
-   6,000+ people employed directly by Puma Energy
-   15,000+ people employed indirectly by Puma Energy
-   More than 8,000 petrol pumps worldwide
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