MOL Hungarian Oil and Gas Plc - Company Profile
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MOL Hungarian Oil and Gas PLC (MOL) is an integrated oil and gas company. It explores for, develops and produces crude oil, natural gas and condensate. It also refines, transports and stores crude oil; and markets crude oil products on wholesale and retail basis, and produces and sells petrochemicals. The company has exploration and production operations in Kurdistan region of Iraq, Russia, Kazakhstan, Pakistan, Egypt and other countries in Central-Eastern Europe and Africa. It operates crude oil refineries and petrochemical plants in Hungary, Slovakia and Croatia. The company also offers various services, including natural gas transmission and storage, fleet management, oilfield services, car sharing, mobility solutions, rental services, real estate management, and maintenance services. The company also owns a network of service stations in Central and South-Eastern Europe. MOL is headquartered in Budapest, Hungary.
MOL Hungarian Oil and Gas Plc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Crude Oil | Motorway Ticket Sale | MOL |
Natural Gas | Insurance | Slovnaft |
Condensate | Financial Services | Tifon |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In May, the company partnered with BayWa on the purchase of Szarvas biogas plant. |
2023 | Contracts/Agreements | In May, the company entered into an agreement with Janaf for shipments of 2.9 million tonnes of crude on the Adriatic pipeline to MOL’s Hungarian and Slovak refineries. |
2023 | Financing Agreements | In April, the company announced US$23 million more investment in the Tal block in Khyber Pakhtunkhwa. |
Competitor Comparison
Key Parameters | MOL Hungarian Oil and Gas Plc | Orlen SA | OMV AG | Turkiye Petrol Rafinerileri AS | Neste Corp |
---|---|---|---|---|---|
Headquarters | Hungary | Poland | Austria | Turkey | Finland |
City | Budapest | Plock | Wien | Istanbul | Espoo |
State/Province | - | - | Oberosterreich | - | - |
No. of Employees | 24,955 | 64,494 | 20,592 | 6,055 | 6,014 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Zsolt Hernadi | Chairman; Chief Executive Officer | Executive Board | 2001 | - |
Jozsef Molnar | Group Chief Executive Officer; Director | Executive Board | 2011 | - |
Jozsef Simola | Group Chief Financial Officer | Senior Management | 2011 | - |
Sandor Csanyi | Vice Chairman | Executive Board | 2001 | - |
Oszkar Vilagi | Deputy Chief Executive Officer; Director | Executive Board | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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