Gunvor Group
Gunvor Group is a Geneva-based global commodities trading company, recognized as one of the largest independent energy traders by turnover. Founded in 2000 by Torbjörn Törnqvist, Gunvor operates in over 100 countries, specializing in physical commodities trading and logistics. The company reported $136 billion in revenue and traded 232 million metric tons in 2024, with a net profit of $729 million. Gunvor's services include energy trading of crude oil, refined petroleum products, natural gas, and biofuels, as well as bulk materials like metals and coal. The company provides logistics solutions, including integrated supply chain management and risk-hedging products. Gunvor also invests in energy infrastructure, owning refineries, pipelines, and storage terminals to enhance trading efficiency. With major trading hubs in cities like Geneva, Singapore, and Houston, Gunvor is expanding into renewable energy partnerships, focusing on low-carbon energy markets and sustainability commitments to reduce emissions by 40% by 2025.
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Headcount trend
Gunvor Group went from 245 employees in Jul 2023 to 350 in Jun 2025. Jan to Jun 2025: 33 people joined, 5 left.
Headcount data through Jun 2025
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- Dec 2023 · Debt Financing · $432M · Crédit Agricole Corporate, DZ BANK Group, ING Bank N.V
- Nov 2023 · Debt Financing · $1.9B · Arab Petroleum Investments Corporation, Coöperatieve Rabobank U.A, Credit Agricole Corporate and Investment Bank
- Feb 2023 · Debt Financing · $253M · MUFG, Natixis CIB, Credit Suisse
- Dec 2022 · Debt Financing · $598M · Rabobank U.A
- Dec 2020 · Debt Financing · $540M · CA Indosuez (Switzerland) SA, Coöperatieve Rabobank UA, Unicredit bank AG
- Oct 2018 · Debt Financing · $745M
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Gunvor Group FAQ
How many employees does Gunvor Group have?
Gunvor Group has about 350 employees, up 2% over the 3 months to Jun 2025.
What is Gunvor Group's revenue per employee?
Gunvor Group makes about $362.86M in revenue per employee, based on $127B annual revenue and 350 employees.
How much funding has Gunvor Group raised?
Gunvor Group has raised $4.45B in total funding; its latest round was Debt Financing in Dec 2023.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.