Tempus fugit. On 2 June, Olíudreifing celebrated its 20th anniversary. At the beginning of June 1995 the Company was founded by Olíufélagið (ESSO) and Olíuverslun Íslands (Olís), and shortly afterwards the Company's first employee, Grétar Mar Steinarsson, was hired. Grétar worked alongside certain employees of the owners towards preparing and planning the operations, and arguably the reorganisation and merger of the distribution systems of the aforesaid companies was among the most extensive organisation of work processes that have taken place in this country.
As most people know, operations began formally on 1 January 1996 when we took over and combined the service departments of our owners along with part of their distribution systems, such as the import harbours at Örfirisey, Laugarnes and in Hvalfjörður. We also took over the operation of Stapafell and the joint venture of Kyndill along with the oil tankers Bláfell, Héðinn Valdimarsson and Lágafell. In its first year of business, Olíudreifing took on the task of distribution from Skaftafell in the east to Húnaflói, including the southern part of the West Fjords, and the following year the North of Iceland was added, and the taking over of the distribution system was completed in 1998, excluding Keflavík and Ísafjörður.
From the beginning, the task of Olíudeifing has been to achieve streamlining in the distribution and storage of fuel as well as to provide the sale, installation and maintenance of specialised equipment for delivering fuel. The results have not been wanting and they are measurable in every area, despite the fact that at the same time the mandatory requirements that are made with regard to our activities have become stricter each successive year, and at least 177 new laws and regulations have entered into effect since the Company was founded, to name only a few things.
Today there are about 140 employees working for Olíudreifing, somewhat fewer than the maximum number of 198 during the first few years. The same can be said for the depots, which in the beginning were 76 in number at 56 locations in the country, whereas today they are 23 in the same number of locations, and all of them meet the requirements regarding pollution and fire prevention that apply to this type of activities. The number of vehicles used for transporting fuel were 125 at the beginning of operations, and now they are 44. It is clear that the depots will become even fewer in number than at present, and the same goes for transportation equipment.
It is worth mentioning our success in reducing accidents and adverse incidents, which is one part of our operations where we can never rest on our laurels. Clearly this is not least due to the good work procedures which we follow in our daily operations, as well as the obligations which the British Standard Institute imposes on us through the introduction of ISO standards and certification.