MOL Group completed the acquisition of ENI´s Slovenian Downstream business. MOL and ENI signed a share-purchase agreement last year concerning the takeover of the entire retail network and wholesale business of ENI in Slovenia.

As a result of the acquisition MOL’s retail network grows by 17 service stations and strengthens the company’s position among the top three retail network operators in the country. The deal complements MOL’s current local network of 40 stations and the company establishes its retail presence in Ljubljana. Following the closing of the transaction the company expects to consolidate all service stations in the country under the MOL brand.

Lars Höglund, Senior Vice President of MOL Group Retail commented: "Slovenia is for us a very important market due to close proximity to our refineries. Furthermore, the acquisition of 17 new stations will make us more accessible for our customers and give us a chance to make many more people on the move smile and feel welcomed. Driven by this purpose we continuously seek to improve our service level and our offer, developed according to the needs of the modern customer on the move."

With the acquisition of ENI Slovenija d.o.o., MOL Group will rebrand the Agip stations to MOL and introduce the Fresh Corner concept.

About MOL Group

MOL Group is an integrated, independent, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 40 countries with a dynamic international workforce of 27,000 people and a track record of more than 100 years in the industry. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production activities in 8 countries and exploration assets in 14 countries. MOL Group operates four refineries and two petrochemicals plants, under integrated supply chain management, in Hungary, Slovakia and Croatia, and owns a network of more nearly 2,000 service stations across 11 countries in Central & South Eastern Europe.