MOL Completes ENI Filling Stations Purchase in Czech Republic, Slovakia
31 Julio 2015 - 8:11AM
Noticias Dow Jones
BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) said
on Friday that it has completed the purchase of Italian oil and gas
firm ENI's Czech and Slovak downstream business, including ENI's
retail network under the Agip brand. The acquisition includes 125
service stations in the Czech Republic and 41 service stations in
Slovakia.
MAIN FACTS:
- The acquisition firms MOL's leading role in central Europe as
its retail network has grown to more than 1,900 service stations
across 11 countries.
- As a result of the move, MOL has become the second largest
retail player in the Czech Republic with a total number of 316
service stations in the Czech Republic. MOL will continue
rebranding the stations to MOL and Pap Oil.
- In Slovakia, MOL will operate 253 service stations under its
Slovnaft brand. Rebranding of the newly acquired service stations
will start in the autumn and be finished in 2016.
Write to Margit Feher at margit.feher@wsj.com
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