home site map contact us
 
   

about us

products

services

news

careers

map locator

kayyela

           who is Medco?

 
 
 
 
 
 
[2/21/2008]
Launching KAYYELA service
kayella is an engine to calculate distances between streets, towns and mohafazat.
[2/8/2008]
MEDCO January Newsletter
January 08 edition
 
 
 

MEDCO is the largest Lebanese full product line petroleum company providing its customers with fuel for transportation, energy for heating and lighting, and most of all innovation in value-added services.

Our business is about importing quality refined petroleum products, distributing them to service stations, businesses and homes and marketing customer-oriented quality services. We retail Gasoline, Diesel Oil, LPG and Caltex Lubricants to more than 250 service stations across Lebanon, and own and operate in direct 25 service stations in prime locations.


Our roots go back to 1910 with the inception of our mother company Ets. Georges N. Chammas, while incorporated in 1969. Our network expansion and robust growth was powered by a strong will to rebuild twice (1979 and 1989) our petroleum installations against all odds after the war damages, sustained capital spending and a commitment to be first in the provision of quality petroleum services and related services. MEDCO is 100% privately owned and a 3rd generation family owned company.
 

Historical Background
The Chammas Group is one of the largest, privately held, groups of companies in the Near-East.

Founded in 1910 by the late Georges N. Chammas, we pride ourselves on an uninterrupted record of growth, continuity and profitability.

Shortly after our inception, we became the largest importer and marketer of coal in the Middle East, at a time when coal was the major source of energy. Eventually, our group made the transition to petroleum activities and was the first in 1924 to import bulk refined products into the area.
The Group’s activities are in import, export, storage, trading, refining, marketing, transportation and distribution of a full range of petroleum products in the Near East.
In addition, we actively represent, sell, support and distribute goods and services from major international manufacturers in the petroleum, computer, electronic, electrical equipment and retail industries.

In fact, over the years the Group has been a pioneer in investing and developing multiple strategic business units in energy, high technology, construction and communications.
 
Mission Statement Top
MEDCO is an importer and distributor of Quality refined petroleum products. Its driving mission is to fuel the market with innovation and customer oriented value-added services. MEDCO’s human, intangible, tangible, financial, fixed and current assets boost our differentiation, Sharing the objective to service the community it evolves in and powered by e-motion to excel for the benefits of its shareholders, customers and suppliers.

Executive Directors and Co-owners of the Chammas Group Of Companies
Profile of our group chief executives:

Nicolas Georges CHAMMAS

Raymond Georges CHAMMAS

click here to see the profile

click here to see the profile

   
Affiliations & Partnerships Top
Throughout the years, the Chammas Group has entered into numerous associations, joint ventures, representations and partnerships with blue chip companies such as Agip, Boeing, Chevron, Credit Commercial de France, Dresser Industries, Elf, Exxon, Groupe Accor (Parent company to Motel 6), Hewlett Packard, Oracle and Texaco, Caltex Lubricants, Wagner, ATE, among others.

Structured for success, we operate a privately held family business, led by the second generation, as a public corporation. With corporate guidelines, a defined corporate structure and a family code of conduct, we work with a strong commitment for prosperity and a vision to fuel the market with quality and innovation. The board family shareholders and operational managers share one family-business philosophy, and have worked on a continuity planning for the next generations to grow the business

Next