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MOL continues on with rebranding in Radvanje and Pobrežje

On two rebranded filling stations MOL, Radvanje and Pobrežje, the international MOL Group continues on with the rebranding of former TušOil filling stations. After the opening a month ago in Dramlje, MOL is, with its qualities of safe and environmental friendly fuels, in Maribor opening two rebranded filling stations where Santa Claus is going to fill up the tank of his old timer.

For MOL Group and MOL Slovenia the rebranding of filling stations signifies a new era of establishing its position in the Slovenian market. With its great products and services, MOL will furthermore be available to Slovenian drivers, which will be able to take advantage of TUŠ Klub Card loyalty programme. At the same time MOL introduced its own Gold and Silver card loyalty programs. MOL Gold Card is accepted as a means of payment in an ever greater number of countries around Europe at more than 1600 MOL filling stations spreading from the Adriatic to the Black Sea.

At forthcoming Christmas holidays the story of MOL Group and MOL Slovenia is symbolically accompanied by Santa Claus, who filled up his old timer in Maribor, and once again showed that only the greatest drive with MOL. Santa Claus was joined by CEO MOL Slovenija Valerija Glavač and all the visitors of the filling station, who wished with their presence all the best to MOL in the upcoming year 2012.

Valerija Glavač said on this occasion: “MOL Group may not be the biggest, but it intends to be the greatest fuel company in Slovenia by providing top quality fuel, imported from MOL Group’s refineries which are among the best refineries in Europe. Our customers can still join the benefits of the TUS Klub Card and at the same time we have already introduced our own international loyalty programs. In the beginning of next year we will finish with the rebranding of the filling stations and offer even more to our customers by introducing our own brand, the Coffee corner.”

MOL Group’s intention is to spend close to EUR 10m in 2012 for further expansion in Slovenia with the aim to achieve at least 10% retail fuel market share.

At the moment MOL Group owns 37 filling stations in Slovenia, at the beginning of next year all of the newly acquired ones will be rebranded.

More information:

Domokos Szollár
Head of International Communications and Corporate Marketing
MOL Group
+36306774582
This email address is being protected from spambots. You need JavaScript enabled to view it.

www.mol.hu
, www.mol.si

About MOL Group

MOL Group is one of Central Europe's leading international oil and gas companies with operations in 40 countries in Europe, the Middle East, North Africa and CIS member countries. It employs over 32 000 people worldwide. MOL Group’s Upstream operation has more than 70 years experience in hydrocarbon production, presently conducting exploration activities in 15 and production in 7 countries worldwide, with a total daily production level close to 145.000 boe per day.

The Group operates five refineries and 2 petrochemical units, in Hungary, Slovakia, Croatia and Italy. The total capacity of the five refineries is above 23,5 million tons per year. Duna and Bratislava refineries are among the best refineries in Europe in terms of quality and net cash margin according to Wood Mackenzie’s refinery ranking assessment system. MOL Group also owns a network of over 1 600 filling stations in Central & South Eastern Europe.

In 2009 MOL gained the operational control of INA and started the transformation of Croatia’s energy company, including the EUR 500m modernisation programmes in the refineries of Sisak and Rijeka.

MOL wins prestigious international award

MOL cooking oil campaign won the 2011 European Excellence Awards (EEA) in the category “Ecology and Environment”. Various European companies and agencies submitted applications for the most prestigious marketing communication competition of the continent in several categories. This is the first time when a Hungarian company won the award in the category “Ecology and Environment”.

MOL was qualified to the final of the European Excellence Awards with its highly successful cooking oil recycling campaign titled „Bring it to us – we’ll cook it!”. The jury of eminent international experts evaluated the applications submitted from all parts of Europe with criteria of creativity, innovation, cost efficiency and strategy. MOL cooking oil campaign was focused onto environmental values and it won in the category “Ecology and Environment” as it was found as the best and could thus won in a competition against campaigns submitted by the British Selfridges & Co. best-of-class department store chain.

„As an oil company, it is a matter of utmost importance that we won in the category “Ecology and Environment” because the success of this campaign can clearly demonstrate how seriously MOL Group is thinking and acting in sustainability issues.” – explained Pánczél Andrea Director of MOL Communications in Hungary, when she took over the award last night at the gala in Amsterdam.

The campaign was launched in May and perhaps the best indicator is the nearly 33 ton of used cooking oil delivered at the designated 158 MOL filling stations in Hungary. As part of the action, MOL will again distribute in December special oil collecting tanks to people who deliver used cooking oil at the said stations.

This year was the fifth time when the international competition for the European Excellence Awards was organised.

http://excellence-awards.eu/

Contacts:

This email address is being protected from spambots. You need JavaScript enabled to view it.

MOL Group

MOL Group is one of Central Europe's leading international oil and gas companies with operations in 40 countries in Europe, the Middle East, North Africa and CIS member countries. It employs almost over 32 000 people worldwide. MOL Group’s upstream operation has more than 70 years experience in hydrocarbon production, presently conducting exploration activities in 12 and production in 7 countries worldwide, with a total daily production level over 150.000 boe per day in H1 2011. The Group operates five refineries and 2 petrochemical units under integrated supply chain management, in Hungary, Slovakia, Croatia and Italy. MOL Group also owns a network of over 1 600 filling stations in Central & South Eastern Europe. Through FGSZ (Földgázszállító Zrt.), its 100%-owned member company, it operates a 5800 km long high pressure gas pipeline system in Hungary.

Slovnaft invests EUR 300 million in to the manufacture of plastics

Slovnaft, a member of MOL Group plans to implement three large investment projects in Bratislava refinery in next 42 months with total value more than EUR 300 million. The aim of the projects is to enhance competitiveness in sale of plastics, as well as improvement of ecologic parameters of manufacture. This would be the largest investment in the chemical industry in Central Europe currently. The project creates 500 to 1000 jobs during the implementation through delivery companies.

With the new production unit Slovnaft will be able to produce nearly 30 types of polyethylene and extend its portfolio, thus Slovnaft will have better position to address new customers and expand to new markets within EU.
The construction of new line for the manufacture of polyethylene (LDPE 4) with the utilization of proved German technology will be the main part of the investments. The reconstruction of ethylene unit as the source of material for polyethylene links will be realized before these investments. The reconstruction will start in next year. New line should be built by the end of 2015.

"I believe that this investment together with the investment into modernization which now takes place and the increase of corporate heat station performance in amount of EUR 150 million, will strengthen financial and operational stability of Slovnaft Group, oil security of Slovakia, the development of the activities of Slovak vendors, as well as the reputation of the company on foreign markets for next decades," said Chairman of the Board of Directors and Director General of Slovnaft, Oszkár Világi.
"Today, as well as in past decades, Slovnaft invested to progressive technologies and always attempted to be a leader in technological equipment. We continue in foresighted investments in future and we work without the support of state, without tax holiday or other easements which are today required by other foreigner investors in Slovakia. Economic crisis affects also our company, but we do not regard the reduction of manufacture and employment as rational solution.” added Oszkár Világi. 

Slovnaft Petrochemicals, s.r.o., is 100% Daughter Company of SLOVNAFT, a.s. Company represents the petrochemical segment of MOL Group. Its yearly production is 435 kt of high quality polymers with the wide scale of use, from foils for technical and package application through various plastic products of everyday consumption to high specialized parts for automobile industry. The geographic location is an advantage of the company and enables its penetration to the fast-growing markets of polymers in Central and Eastern Europe.

Contact person:
Anton Molnár, Spokesperson, Head of Corporate Communications
Telephone: +421(2)40 55 89 07, +421 905 393 161

MOL Group opens the fully rebranded filling station in Dramlje

The Central European energy giant MOL Group officially opens the fully rebranded MOL fuel station in Dramlje in Slovenia. The first to fill up its tank in Dramlje was the tractor with the greatest reservoir in Slovenia. With its presence the tractor symbolically stated that at MOL petrol stations the biggest and greatest fill up their fuel who expect quality and efficiency from a fuel. During this occasion the tanks of the vehicles of the voluntary fire department Šentjur pri Celju and of the ambulance car from Šmarje pri Jelšah were filled up as well.

At the opening of MOL filling station the first fill-up was assisted by the Hungarian ambassador in Slovenia Dr. István Szent-Iványi, László Piry, Senior Vice President of Retail of MOL Group, Valerija Glavač CEO of MOL Slovenia, and representative of Municipality Šentjur Jožef Artnak.

Dr. István Szent-Iványi said: „This is a great moment to celebrate the Hungarian flagship company’s expansion in Slovenia. I truly believe that MOL Group will pave the way for the further investments in the country. I believe there is significant growth potential in the economic relations of our nations.”

László Piry at the opening emphasized: “The refurbishment of the filling stations marks a new era for MOL Group in Slovenia. With great fuel products and services we will strengthen our position and this step could also be the basis for further potential expansion in this beautiful country. The Slovenian customers can now enjoy the benefits of MOL Group’s fuel stations network of more than 1600 spots spreading from the Adriatic to the Black Sea.”

Valerija Glavač added: “MOL Group may not be the biggest, but it intends to be the greatest fuel company in Slovenia by providing top quality fuel, imported from MOL Group’s refineries which are among the best refineries in Europe. Our customers can still join the benefits of the TUS Klub Card and at the same time we have already introduced our own international loyalty programs.”

MOL Group’s intention is to spend close to EUR 10m in 2012 for further expansion in Slovenia with the aim to achieve at least 10% retail fuel market share.

MOL Group is present on the Slovenian market since 1996 focusing on the wholesale and retail trade of petroleum products. In 1998 MOL Slovenia opened its first network of filling stations and this year it continued with the purchase of Tuš Oil filling stations, the third biggest chain of filling stations in Slovenia, which was concluded in September this year.

At the moment MOL Group operates 37 retail stations throughout Slovenia (7,2% market share). Six fuel stations have been rebranded so far, while the rebranding of the whole network is expected to be finalised by the end of the year.

More information:

Domokos Szollár
Head of International Communications and Corporate Marketing
MOL Group
+36306774582
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.mol.hu
, www.mol.si

About MOL Group

MOL Group is one of Central Europe's leading international oil and gas companies with operations in 40 countries in Europe, the Middle East, North Africa and CIS member countries. It employs over 32 000 people worldwide. MOL Group’s Upstream operation has more than 70 years experience in hydrocarbon production, presently conducting exploration activities in 15 and production in 7 countries worldwide, with a total daily production level close to 145.000 boe per day.

The Group operates five refineries and 2 petrochemical units, in Hungary, Slovakia, Croatia and Italy. The total capacity of the five refineries is above 23,5 million tons per year. Duna and Bratislava refineries are among the best refineries in Europe in terms of quality and net cash margin according to Wood Mackenzie’s refinery ranking assessment system. MOL Group also owns a network of over 1 600 filling stations in Central & South Eastern Europe.

In 2009 MOL gained the operational control of INA and started the transformation of Croatia’s energy company, including the EUR 500m modernisation programmes in the refineries of Sisak and Rijeka.

The Central European energy giant MOL Group is expanding on Slovenian market

With the full refurbishment of the recent purchased fuel stations the Central European energy giant MOL Group is expanding on the Slovenian Market. MOL may not be the biggest fuel station network in Slovenia but it intends to be the greatest by providing world class fuel produced in MOL Group’s refineries acknowledged as among the best refineries in Europe. While keeping the Tus loyalty program MOL Group brings its own loyalty program to Slovenia and opens for the Slovenian customers the MOL network including more than 1600 fuel stations from Austria to the Black-sea.

MOL Group is present on the Slovenian market since 1996 focusing on the wholesale and retail trade of petroleum products on the Slovenian market. In 2009 MOL Slovenia opened its first network of filling stations and two years later it continued with the purchase of Tuš Oil filling stations, the third biggest chain of filling stations in Slovenia, which was concluded in May this year.

At the moment MOL Group operates 37 retail stations throughout Slovenia (7,2% market share). MOL Group’s intention is to achieve at least 10% retail fuel market share in Slovenia in the next few years.

MOL Group may not be the biggest, but it intends to be the greatest fuel company in Slovenia by providing the top quality fuel, imported from MOL Group’s refineries which are among the best refineries in Europe.

MOL Group has rebranded six fuel stations so far, while the rebranding of the whole network is expected to be finalised by the end of the year.

MOL Group plans to spend close to EUR 10 million on modernization and development in Slovenia in 2012.

MOL Group is also intending to introduce its most successful sales products to its Slovene customers. As a first such step MOL is introducing a loyalty programme in Slovenia where our customers will be able to buy Victorinox products at a discounted price. Swiss quality penknives are well known for their outstanding quality and now you can get these items at MOL fuel stations which are inevitable at every travel and are also an excellent present for Christmas.

Through the acquisition of TUŠOil MOL joined the popular TUŠ Klub Card loyalty programme which means that all TUŠ Klub Card owners can use their cards at MOL filling station network as well.

MOL developed the MOL Gold and Silver Card programs for enterprises with a fuel consumption exceeding 200 liters a month; the cards make it possible for the customers to purchase fuel more safely, cost efficiently, and conveniently. MOL Gold Card is accepted as a means of payment in an ever greater number of countries around Europe – apart from Hungary in the entire MOL network in Romania, Slovenia and Serbia, at all Slovnaft filling stations in Slovakia, as well as in the Tifon and INA networks in Croatia, moreover at select MOL and Roth filling stations in Austira – at more than 1200 filling stations

About MOL Group

MOL Group is one of Central Europe's leading international integrated oil and gas companies with operations in 40 countries in Europe, the Middle East, North Africa and CIS member countries. Our presence spreads from countries like Italy, Slovakia, Serbia even to Pakistan, Oman, Kurdistan and Syria. We employ over 32 000 people worldwide.

MOL Group operates five strategic refineries in Central Europe under a joint supply chain optimization. Retail and wholesale activities are supported by an extensive crude and product pipeline system. The total capacity of the five refineries is above 23,5 million tons per year. Duna and Bratislava refineries are among the best refineries in Europe in terms of quality and net cash margin according to Wood Mackenzie’s refinery ranking assessment system. In 2008 the Platts Global Energy Award nominated MOL Group as the Downstream Business of the Year.  In 2007 MOL Group entered the new European market by purchasing the Italian IES, which has a refinery in Mantova, near Milano, and operates an extensive retail chain in the country. MOL gained the operational control of INA in 2009 thus acquiring two more refineries a very good market position in retail.

MOL Group develops high quality products from its refinery pool. Through the optimal supply chain management system MOL Group is able to serve the demand in the Central European region in an efficient, safe, sustainable and profitable way.

MOL Group is highly committed to sustainability and that is why it started to develop the second generation biofuels. Since 2007 MOL has been selling sulfphur-free bioudiesel and gasoline.

MOL Group is also among the top ten polyolefin producers in Europe. We supply polyethylene and polypropylene mainly to European plastics processing companies.

MOL Group currently operates more than 1,632 filling stations in 11 European countries adopting a multi-brand structure with  international brands (MOL, INA, Slovnaft) and 4 country-specific brands (IES, Tifon, Energopetrol and ROTH). Our focus on sustainability: Continuously improving retailing practices by integrating sustainability into our everyday business activities

MOL Group has a very strong upstream portfolio too which creates value and contributes to its performance. MOL Group’s Upstream operation has more than 70 years experience in hydrocarbon production, presently conducting exploration activities in 11 and production in 7 countries worldwide, with a total daily production level over 144.000 barrel per day.

MOL Group’s upstream operations are focused on Central and Eastern Europe, the CIS countries, the Middle East, Asia and North Africa.

Key financial data (2010)

  • Net revenue: USD 20 657m
  • EBITDA: USD 2 490m
  • Operating profit: USD 1 149m
  • Capital expenditures and investments: USD 1 599m

At the press event today László Piry, Senior Vice President of Retail of MOL Group and Valerija Glavač, the CEO of MOL Slovenia have presented the strategy of MOL Group in Slovenia.

More information:

Domokos Szollár
Head of International Communications and Corporate Marketing
MOL Group
+36306774582
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.mol.hu
, www.mol.si

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