In order to deepen existing and forge new partnerships with oil companies, and exploit the resultant synergies, ELG has established subsidiaries which operate independently although they are under the common overall management of the parent.
ELG Asset GmbH, Lannach, wholly owned
The objects of business of ELG Asset GmbH (ELAG) are the planning and construction of tank farms, and the acquisition, renting and renting out, and disposal of land and buildings, as well as the storage of crude oil, petroleum products, and heating and transportation biofuels.
ELG Beteiligung GmbH, Lannach, wholly owned
The main objects of business of ELG Beteiligung GmbH (ELBG) are the formation of companies for the joint use of tank farms, as well as the acquisition and management of equity investments, and the renting of tank farms and other real estate.
Erdöl-Tanklagerbetrieb GmbH, Vienna, wholly owned
The objects of business of Erdöl-Tanklagerbetrieb GmbH (ETLB) are the operation, planning and construction of tank farms, and the maintenance of compulsory emergency reserves (CERs) owned by ELG or other obligatees.
TLM Tanklager Management GmbH, Linz, 51% interest
TLM is a joint venture with BP Europa SE. Its principal objects of business are the storage of crude oil, petroleum products, and heating and transportation biofuels in connection with emergency stockpiling, and the operation of tank farms in order to supply the oil market.
