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Our story

  • 1978

    The competent court adopted a Resolution for establishment and constitution of the Working community for construction of a Refinery - this year is considered the year of formal establishment of the company.
  • 1982

    The processing plants for primary refining of crude oil commenced regular operations. The following year, during a ceremonial session, the Refinery Council declared the completion of the overall construction of the facilities and installations of the refinery.


  • 1990

    The company was officially transformed into a Shareholding company. Part of the share capital of OKTA belongs to the employees and the Pension and Disability Insurance Fund.
  • 1999

    A decision was adopted by which the company "EL.P.ET. - BALKANIKE, SOCIETE ANONYME PETROLEUM TRADING AND INVESTMENT", a member of Hellenic Petroleum Group, became a strategic investor in OKTA.
    The same year, in accordance with the Law on Trading Associations, an adjustment was made of the name of the company in OKTA Crude Oil Refinery Shareholding Company-Skopje, or OKTA AD-Skopje.

  • 2002

    With the opening ceremony, in the presence of senior government officials, the pipeline Thessaloniki-Skopje was officially launched. By this investment, worth over 100 million USD, integration of OKTA refinery and the refinery in Thessaloniki was achieved.
  • 2006

    The modernly-equipped laboratory of OKTA, received work accreditation by the State Institute for Accreditation, thus, becoming the first accredited laboratory in the country for examination of the quality of oil derivatives that are being placed on the market in the country and the region.

  • 2007

    Within the years 2000 - 2007, a total of 60 million USD were invested for modernization and upgrade of the installations, and for achieving the latest standards for protection of the environment.
  • 2008

    OKTA achieved significant progress in the expansion of its retail network through re-branding and construction of petrol stations throughout the country.
  • 2013

    In January 2013 the refinery stopped its production process. The company started a project to transform the inflexible and inefficient heavy industry in a dynamic and customer-oriented, logistics and trading company, providing uninterrupted and reliable supply of fuel to the country.

  • 2015

    The company gained a Certificate of Integrated Management System according to the standards EN ISO 9001:2008, EN ISO 14001:2004, OHSAS 18001:2007.
    OKTA’s long-term contribution to the campaign "Chance for Life" was recognized by receiving the International award for Best socially responsible practice.

  • 2017

    ОKTA’s campaign, "I WATCH OUT" for raising public awareness about the need for greater traffic safety, was declared the best national socially responsible practice in the category of community investment in large companies in 2017, at the annual event organized by the Coordinating body for corporate social responsibility and the Ministry of Economy.

  • 2018

    By obtaining a license for electricity supply from the Energy Regulatory Commission, the company started activities in the market of renewable energy sources. The same year were put into operation two photovoltaic plants. The first one was a donation to the Faculty of Electrical Engineering and Information Technologies in Skopje, while the second one was installed on the roof of a textile company in Strumica. 

  • 2023

    With the official start of operation of the Electricity exchange market, OKTA AD - Skopje became one of the first certified traders.