Terpel steps up regional expansion with Dominican Republic subsidiary
Published on: Nov 13, 2025
The new entity is expected to begin operating in the coming months.
Colombia’s Terpel has registered a new subsidiary in the Dominican Republic as part of its growing regional ambitions. The new entity, Terpel Comercial Dominicana SAS, will be based in Santo Domingo and is expected to begin operating in the coming months.
According to a filing presented to Terpel’s board on 10 July, the move aims to “explore new business alternatives” in the Caribbean nation. The company said the creation of the subsidiary carries no material costs.
The decision adds to a series of steps Terpel has taken to diversify its portfolio and strengthen its presence in emerging energy markets. In Colombia, the firm recently created Terpelire S.A.S., a Bogotá-based unit designed to support the company’s push into electric mobility.
MobilityPlaza’s Take
Terpel’s expansion into the Dominican Republic comes as the company seeks new markets beyond its extensive fuel retail network in Colombia, where it operates thousands of service stations and convenience formats while competing with regional players such as Primax and Biomax. The Dominican market, though tightly regulated and dominated by brands like Sunix, TotalEnergies and Isla, continues to experience strong fuel demand driven by tourism and logistics, with early but slow steps toward electric mobility.
