Tag: Mol

MOL Romania increased fuel sales by 20 % in Q1 – Romania, 9 May 2016

Romanian subsidiary of the Hungarian oil and gas company MOL announced that it has increased it retail sales by 20 % in the first quarter of 2016, compared to the same period last year. The sales reached 145,000 tons and the number includes the sale of fuel, lubricants and liquefied petroleum gas. According to the […]

MOL continues good financial results in 2016 – Hungary, 6 May 2016

In the first quarter of 2016, Hungarian oil and gas company MOL has achieved net income in the amount of 247 million euros, which is 165 % higher than in the same period in 2015. After-tax profit reached 231.7 million euros, much higher than estimated profit of some 77.7 million euros. MOL’s revenues fell by […]

MOL will not give up managerial rights in INA – Croatia, 6 May 2016

CEO of Croatian oil company INA Zoltan Aldott said in an interview that MOL will not give up managerial rights in the company. Commercial company, such as MOL, has no reason to hold a stake in other company as a partner that can not affect business decisions. Aldott stressed that the key question in this […]