About Nynas
Nynas is an Energy & Utilities company based in Stockholm (Sweden) founded in 1928. Bitumen, naphthenic specialty oils, and related products are manufactured. It operates on a B2B2C and Reseller / Distribution model. Its chief executive, as recorded, is Gert Wendroth. Its website nynas.com draws about 12 thousand monthly visits. Its Indian entity Nynas Naphthenics Private Limited reported revenue of ₹278 Cr. Nynas offers products and services including Bitumen, Transformer Oils, Base Oils, Process Oils, and Tyre & Rubber Oils. Its focus areas include Energy, Oil & Gas, Specialty Chemicals and Industrial.
Company details
Nynas is involved in the production and supply of specialty oils and bitumen for various industries. Operations are focused on sectors such as infrastructure, electrical, automotive, and industrial applications. Products like transformer oils, base oils, process oils, and tyre rubber oils are offered alongside bitumen for roads and bridges. Sustainability is emphasized through initiatives like reducing CO2 emissions and supporting circular economy practices in the electrical industry. The company aims to become climate-neutral by 2050 while serving global markets with innovative solutions.
- Indian entity revenue₹278 Cr
FY 2025 · +22% YoY
- Indian entity net profit₹9.97 Cr
FY 2025 · 4% margin
- Indian entity EBITDA₹13.58 Cr
FY 2025 · 5% margin
- Latest Funding Round$138.39M (USD), Debt – Conventional
Sep 2021
- Investors
Associated legal entities of Nynas
Nynas operates through Nynas Naphthenics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nynas Naphthenics Private Limited CIN U51109MH2009FTC195149 | Active | 21 Aug 2009 | Mumbai, Maharashtra | ₹278 Cr | 4 | View details |
Products & Services of Nynas
Nynas offers a comprehensive portfolio of products and services, including Bitumen, Transformer Oils, Base Oils, Process Oils, and Tyre & Rubber Oils.
Bitumen is provided for road and infrastructure applications.
Transformer oils are supplied for power equipment insulation.
Base oils are produced for lubricant manufacturing needs.
Process oils are offered for various industrial uses.
Tyre oils are developed for rubber product manufacturing.
Apps and channels of Nynas
its YouTube channel NynasAB has 609 subscribers and 30 videos.
Videos from Nynas
The most watched videos on Nynas's YouTube channel, NynasAB (609 subscribers). Click a video to play it here.
More on NynasAB.
Funding Insights of Nynas
- Total Rounds 1
- Last Round Debt – Conventional — $138.39M
- First Round $138.39M
(Sep 2021)
- Investors Count 1
All 1 funding rounds of Nynas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $138.39M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Nynas
Nynas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BREAL Zeta CF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers debt capital and asset-based lending for business growth and acquisitions. | 2016 | brealzetacf.com | London, United Kingdom |
Investor details for Nynas
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Nynas Naphthenics Private Limited (Nynas)
Nynas Naphthenics Private Limited is the primary company behind Nynas. The board of Nynas Naphthenics Private Limited currently have 4 directors; the longest-serving is Arjun Dilip Lad, appointed in 2009. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arjun Dilip Lad DIN 02701194 | Director | 21 Aug 2009 | 17 yrs 2 mo | Nynas Naphthenics Private Limited |
| Simon Day DIN 08901483 | Director | 27 Oct 2020 | 6 yrs | Nynas Naphthenics Private Limited |
| Alistair Jan Meyer DIN 10044899 | Director | 14 Feb 2023 | 3 yrs 8 mo | Nynas Naphthenics Private Limited |
| Sagar Haribhai Ramani DIN 10307017 | Additional Director | 02 Sep 2025 | 1 yr 2 mo | Nynas Naphthenics Private Limited |
People of Nynas
50 people are tracked at Nynas (18 in leadership, 32 in team).
| Name | Role | Group |
|---|---|---|
Gert Wendroth | President & CEO | Leadership |
Carsten Meyer | Director Transport & Logistics Bitumen+naphthenics | Leadership |
Thomas Tillbert | Director Crude Procurement | Leadership |
Siobhan McKelvey | Marketing Director | Leadership |
Anna Collin | Director Of Trading And Corporate Planning | Leadership |
Ewa Beskow | Project Director Human Resources | Leadership |
| Strategic Accounts, Commercial Excellence And Marketing Director | Leadership | |
Chris Winby | Head Of Project Engineering | Leadership |
Kristina Näslund | Head Of Digital Marketing | Leadership |
Johan Andersson | VP, Group Strategy & Sustainable Development | Leadership |
Rolf Allgulander | VP, Manufacturing | Leadership |
Jan Byström | Chief Procurement Officer | Leadership |
Benny Jandér | Sales Director Bitumen Scandinavia | Managing Director- Nynas A/s Denmark & Nynas AS Norway | Leadership |
Ann Ekman | HR Director | Leadership |
Daniele Frustagli | Sales Director & Country Manager Italy & Balkans | Leadership |
Güney Devrim İldiri | General Manager, Türkiye + Central Asia | Leadership |
Linda Johansson | Head Of Supply Chain Bitumen Nordic | Leadership |
Eric Alfosea | General Manager Nynas S.a. - Sales Manager Naphthenics France, Switzerland, North Africa | Leadership |
Simon Fredriksson | Deputy Shift Manager | Team |
Matthew Bridger | Maintenance Technical Services Manager | Team |
30 more people are available in the full profile.
Complete people profiles for Nynas
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Nynas
Figures of Nynas Naphthenics Private Limited, the primary company behind Nynas, for FY 2025. Revenue was ₹278 Cr (+22% year on year). Net profit was ₹9.97 Cr (4% margin). EBITDA was ₹13.58 Cr (5% margin). Revenue has grown at a compounded annual rate of -6% over three years and +2% over five years.
- ₹278 CrRevenue · FY 2025 · +22% YoY
- ₹9.97 CrNet profit · 4% margin
- ₹13.58 CrEBITDA · 5% margin
- ₹50.7 LakhPaid-up capital
- -6%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nynas Naphthenics Private Limited are on its company page.
Detailed financial statements for Nynas
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Nynas
2 dated milestones of Nynas across 93 years, from founding to its latest funding, stage changes and deals.
- Founded Nynas is founded.
- Funding First funding round of $138.4M.
Web traffic of Nynas
The website of Nynas (nynas.com) receives about 11.9K visits a month.
- Monthly visits11.9K
▲ 18.6% vs previous month
Websites whose visitors overlap most with Nynas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bycosin.se | bycosin.se | 100% | – | ||
| paragonoilco.com | 96% | #11,377,662 | View details | ||
| crowncentral.com | 93% | 1.6K | #12,153,635 | View details | |
crownoiluk.com | crownoiluk.com | 92% | – | ||
| vitol.com | 90% | 111.9K | #391,609 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Nynas
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 20 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nynas
Complete news archive for Nynas
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nynas
Nynas was founded in 1928 and raised its 1st funding round 93 years after it was founded.
Nynas is headquartered in Stockholm, Sweden.
Gert Wendroth is the CEO of Nynas, as recorded in our data.
The primary company behind Nynas, Nynas Naphthenics Private Limited, reported revenue of ₹278 Cr for FY 2025, up 22% year on year.
Nynas is involved in the production and supply of specialty oils and bitumen for various industries. Operations are focused on sectors such as infrastructure, electrical, automotive, and industrial applications. Products like transformer oils, base oils, process oils, and tyre rubber oils are offered alongside bitumen for roads and bridges. Sustainability is emphasized through initiatives like reducing CO2 emissions and supporting circular economy practices in the electrical industry. The company aims to become climate-neutral by 2050 while serving global markets with innovative solutions.
Nynas offers Bitumen, Transformer Oils, Base Oils, Process Oils, and Tyre & Rubber Oils.
Nynas has 1 investor. Key investors include BREAL Zeta CF.
Nynas operates through Nynas Naphthenics Private Limited.
The legal entities of Nynas currently have 4 directors, including Arjun Dilip Lad, Simon Day, Alistair Jan Meyer and others.