MOL Group at a Glance
MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary.
It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years in the industry.
Integrated oil & gas company
Ownership structure (%)
MOL Group shares are listed on the Budapest and Warsaw Stock Exchange, and its depositary receipts are listed on the Luxembourg Stock Exchange and traded on London’s International Order Book and OTC in the USA.
||Foreign investors (mainly institutional)||35|
||Domestic institutional investors||5.5|
||Domestic private investors||3.4|
||OTP Asset Management||1.2|
||Hungarian State (MNV Zrt.)||25.2|
||OmanOil (Budapest) Limited||7.1|
||OTP Bank Plc.||4.9|
||ING Bank N.V.||4.1|
||UniCredit Bank AG||3.0|
||MOL Plc. and MOL Investment Ltd. (treasury shares)||9.9|
as of 31 December 2017
Key Financial figures (2017)
|NET REVENUE||USD 15.1 BN||
|CCS EBITDA||USD 2.45 BN||
|CAPEX||USD 1.04 BN||
|OPERATING CASH FLOW||USD 2.1 BN||
Clear CCS ebitda contribution of the main segments (usd mn)
|As of 2017 MOL Group reports retail performance in the Consumer Services segment 2015 and 2016 periods are restated accordingly.||
Retail transactions per day
middle east, africa
14 March 2018
MOL Group steps into solar power business
MOL Group plans to build photovoltaic power plants in three of its main industrial sites in Hungary, utilizing the potential of currently unused areas. The investment is part of MOL Group’s strategic commitment to invest in alternative energy technologies and build its industrial capabilities by tapping into this dynamically growing business.
The solar plants are planned to operate at a total capacity of 18.38 MWp, the equivalent of the consumption needs of more than 9,000 households. The facilities are also expected to reduce 9,000 tons of CO2 emissions per year, supporting company’s goal to reduce its environmental footprint.
MOL Group launched car sharing service in Budapest
From January 2018 residents of Budapest can benefit from a new car sharing service, MOL Limo, fully operated and owned by MOL Group. The service initially offers a fleet of 300 Volkswagen Up! cars (with a third EV), which will be gradually replaced by a fully electric fleet.
As part of its 2030 strategy, MOL Group aims to adapt to changing market dynamics and transform its traditional fuel retailing into a broader consumer goods and services business. MOL Limo provides a flexible solution, which works hand-in-hand with public transport.
Through its car and bike sharing schemes, MOL is the leading provider of mobility solutions in Budapest.
MOL Group is moving ahead with its petrochemical expansion
In April 2018 MOL inaugurated a synthetic rubber plant (SSBR) in Hungary, built by a joint venture established with JSR Corporation. The investment will allow MOL to capture benefits of the integration into derivatives in the butadiene value chain.
In line with the 2030 strategy, MOL will invest USD 4.5 bn to increase its petrochemical footprint and produce specialty chemicals. The company is well on track with the Polyol Project, its flagship investment into high-value intermediates for products applied in the automotive, packaging and furniture industries. MOL has recently secured all technology licenses from Evonik and thyssenkrupp for the polyol complex.
MOL Group’s Downstream division operates four refineries and two petrochemicals plants, and is made up of different business activities that are part of an integrated value chain. This value chain turns crude oil into a range of refined products, which are moved and marketed for household, industrial and transport use. The products include, among others, gasoline, diesel, heating oil, aviation fuel, lubricants, bitumen, sulphur and liquefied petroleum gas (LPG). In addition, MOL Group produces and sells petrochemicals worldwide and holds a leading position in the petrochemical sector in the Central & Eastern Europe region.
*Awarded by Petroleum Economist
DIVERSITY AT MOL
MALE VS. FEMALE
GENDER RATIO AMBITION
DYNAMICALLY WORKING TOGETHER
STABLE EXPERTISE ACROSS THE GROUP
MEANS FOR US
STRATEGIC FOCUS AREAS
By applying alternative energy sources and energy efficiency technology, we opened one of the first “service stations of the future” in Europe. Our new MOL Group environmentally-friendly service station achieved more than 50% in energy savings (120,000 kWh of electricity per annum), made creative use of alternative energy, effectively reduced 30 tonnes of GHG emissions and made conscious use of recycled materials.
Rubber bitumen is produced by recycling the rubber parts of used tires. It can be used in the construction of the long-lasting, high quality roads. We started commercial sales of the product in 2013. We have recycled crumb rubber derived more than 120,000 waste tires until the end of 2017. The product received several awards, such as House of the Hungarian Quality Award in 2013, ECO-label certification in 2014, Hungarian Environmental Innovation Award in 2015, and Innovative Product of the Year by IChemE Global Awards in 2016.
In 2017 our Next Downstream program contributed to 35 thousand tonnes of CO2 emissions savings.
In the household cooking oil campaign, 1306 tonnes of used cooking oil has been collected and sent for recycling at more than 590 MOL Group service stations since 2011.