The other very large groups
(Rs 5 billion & more companies)
These other large companies show a turnover between Rs 5 billion and Rs 10 billion.
Vivo Energy. With an improved turnover of Rs 16.51 billion in 2023, compared to Rs 10.4 billion in 2022, Vivo Energy has advanced to the 6th position in this year’s ranking of turnover change, up from 8th in 2021. The company experienced a significant increase in turnover from the previous year. Vivo Energy has strategically focused on expanding its retail network, resulting in a growth of 10% over the past three years. This expansion has been a key factor in the company’s rise, with a network now encompassing 50 service stations in Mauritius. This achievement solidifies Vivo Energy as the energy company with the largest retail network, both in terms of site numbers and market leadership, within Mauritius. Moreover, Vivo Energy has diversified its non-fuel retail business by broadening its brand portfolio, offering multi-branded convenience retail shops, quick service and fast casual restaurants, and additional services such as lubricant bays and car washes at its sites. This approach aims to enhance the scale and range of services offered by the company.