Hungary: MOL enhances its regional market position with Slovenia petrol stations acquisition

, SEE Energy News

Hungarian oil and gas company MOL announced that it has completed the acquisition of Italian Eni’s downstream business in Slovenia.

The acquisition of Eni Slovenia has been agreed in November 2015. It includes 17 petrol stations which operated under the Agip brand and all other retail activities in Slovenia. With this acquisition MOL have increased the number of its petrol stations in Slovenia to 40. Currently, MOL is placed third in the Slovenian retail fuel market, behind Petrol and OMV, with the market share of about 10 %.

MOL recently successfully completed the acquisition of Eni’s refineries in Czech Republic and Slovakia, as well as Agip brand petrol stations network in both countries (125 petrol stations in Czech Republic and 41 in Slovakia). The company is currently waiting for the approval of its acquisition of ENI’s assets in Hungary which include 183 petrol stations, transmits