Tag Archives: MOL Group

MOL Group Reports Q3 2023 Financial Results, Raises Full-Year EBITDA Guidance to $2.8 Billion

(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release

MOL Group starts construction of its new MOL Campus headquarters

Construction has started on the 28-story “MOL Campus”, designed by Foster + Partners MOL hires Berlin-based KINZO studio for the interior design The new building will serve as the headquarters of MOL Group from 2021 For photos and videos of … Read the full press release

Hungarian team “Petronauts” wins the first place at MOL Group’s Freshhh 2017 competition

Freshhh is an international online competition for top students interested in the Oil & Gas industry Through Freshhh MOL aims to further engage with digital natives, offering them compelling potential career paths This year’s edition attracted 1,450 teams from nearly … Read the full press release

MOL Group expands exploration portfolio with 6 new licences in Hungary and 4 licences in Norway

BUDAPEST, 13-Feb-2017 — /EuropaWire/ — MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the 4th bid round in Hungary, doubling its exploration acreage in the country. MOL Norge participated … Read the full press release

MOL Group’s Slovnaft invested EUR 300 million in new facility for the production of low density polyethylene – LDPE4

More than EUR 300 million have been invested by Slovnaft in the new production unit and its components Low density polyethylene production capacity will reach 220,000 tons per annum The contractor was a Maire Tecnimont Group, Italy After successful technology … Read the full press release

MOL Group completed the acquisition of ENI´s Czech and Slovak downstream business including retail network under Agip brand

MOL Group has successfully acquired 125 Agip service stations in Czech Republic and 41 service stations in Slovakia from ENI Retail network expansion confirms MOL Group’s leading role in CEE MOL Group’s retail network grows to more than 1900 service … Read the full press release

MOL Group announces the opening of its new regional office in Erbil, Kurdistan Region of Iraq

New Regional Office to centralize MOL’s activities in the Middle East and Africa region Former CEO of Kalegran Ltd. Majdi Ahmad appointed as regional director Local communities and experts to benefit from MOL’s experience in the region BUDAPEST, 17-6-2014 — /EuropaWire/ … Read the full press release

MOL Group acquires selected assets from BASF subsidiary Wintershall

Kassel/Budapest, 28-3-2014 — /EuropaWire/ — Wintershall, a 100% BASF subsidiary, is optimizing its portfolio with today’s financial closing of the transaction with the Hungarian MOL Group. Through Wintershall’s divestment of shares in selected assets on the UK Continental Shelf, MOL Group acquires 14 … Read the full press release