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Hungarian Oil And Gas Group MOL To Take Over AGIP Petrol Stations In Slovakia

Tamás Székely 2015.07.30.

The AGIP petrol stations located in Slovakia will become part of the Slovnaft company as of July 31, spectator.sme.sk has reported via news agency TASR. Slovnaft’s majority owner, the Hungarian oil and gas group MOL , signed an agreement with the Italian company Eni, which currently owns Agip. MOL had already taken over its activities concerning the oil processing and the sale of oil products in the Czech Republic, Slovakia, and Romania already in May 2014, the news portal said.

“The purchase of 41 Agip petrol stations will also increase the average sale of Slovnaft fuels per petrol station and will contribute to stronger perception of the company by customers,” Anton Molnár, spokesman for Slovnaft, told TASR, adding they will provide further information after the end of acquisition. As a result of the deal the number of MOL-onwed petrol stations in Slovakia will increase to 253, spectator.sme.sk added.

In May Czech media reported that MOL was looking to further strengthen its position on the Czech market as well. MOL owns currently more than 300 petrol stations in the Czech Republic and it is waiting for a chance to purchase other petrol stations in the country. Earlier in June MOL said its share of Romania’s fuel market had reached the target of 15% as the company closed the acquisition of 42 ENI Romania petrol stations in February, raising its number of retail units in the country to 208.

via spectator.sme.sk and index.hu photo: Tibor Zsitva – epiteszforum.hu

 

 


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