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 over 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, Luxembourg and Warsaw Stock Exchanges, and its depository receipts are traded on London's International Order Book and OTC in the USA.
||Foreign investors (mainly institutional)||26.9|
||Domestic institutional investors||5.3|
||Domestic private investors||2.8|
||OTP Asset Management||1.1|
||Hungarian State (MNV Zrt.)||25.2|
||CEZ MH B.V.||7.5|
||OmanOil (Budapest) Limited||7.1|
||OTP Bank Plc.||4.9|
||ING Bank N.V.||4.7|
||UniCredit Bank AG||5.3|
||MOL Plc. and MOL Investment Ltd. (treasury shares)||7.7|
as of 31 December 2016
Key Financial figures (2016)
|NET REVENUE||USD 12.6 BN||
|CCS EBITDA||USD 2.15 BN||
|CAPEX||USD 1.1 BN||
|OPERATING CASH FLOW||USD 1.95 BN||
Clear CCS ebitda contribution of the main segments (usd mn)
Retail transactions per day
middle east, africa
19 December 2016
MOL's Board of Directors approved the company's new long-term strategy, "MOL Group 2030 - Enter Tomorrow"
MOL Group will not only sustain and strengthen its regional position in the core businesses, but also once again drive the changes in CEE. MOL will further diversify and expand its petrochemicals portfolio and become a leading chemical group.
Likewise, MOL will not simply sell fuel, but will become the customer's first choice, serving their ever more diverse and changing needs with the right products and services. Upstream will continue to play a key role, operating profitably and adding value even in a low oil price environment.
MOL Group has completed the acquisition of the Eni filling station network in five countries
Over the past two years MOL Group has acquired around 450 service stations in Central Eastern Europe from Lukoil and Eni, and now has over 2,000 retail outlets in its network, serving over 1 million customers daily.
In 2015 MOL Group acquired Eni's filling station network in Romania. This expansion was followed by the acquisition of filling stations in Slovakia and the Czech Republic. In 2016, MOL has also acquired Eni's filling station networks in Hungary and Slovenia. MOL Group has leading positions in Hungary, Slovakia and Croatia, is the second largest player in the Czech Republic and third lagrest in Romania and Slovenia.
MOL Group is included in the Dow Jones Sustainability Index
MOL Group is once again part of the Dow Jones Sustainability World Index (DJSWI). This places the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance. MOL Group is the only company from the Central Eastern European region to be included in the index.
The robust management system overseen by the Board of Directors, the launch of the Sustainable Development Plan 2020, and our strong culture of integrated reporting all contributed to this achievement.
MOL Group's Downstream division operates four refineries and two petrochemicals plans, 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 product 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.
* Avarded by petroleum economist
Framework of TC&CD (Technical Competence & Career Development) has been set up in order to strengthen and develop E&P and Downstream technical capabilities in line with the strategic objectives
The framework has three components, Technical Career Ladder, which provides a clear and consistent career path, Competence Model, that reflects business needs and Technical Learning Curriculum, including tools that support the development of both E&P and Downstream communitiesl
Initiated in 2007, our graduate recruitment and development program has brought more than 1,900 graduates to us. Our Growww program offers a unique opportunity to graduates. It gives them the chance to start their career at an international company, gain work experience under professional guidance and prove themselves in a cross-cultural working environment.
The unique online competition, Freshhh, plays an important part in our internationally-recognised, talent acquisiton strategy. We emphasise diversity and an outside-in approach to talent development in the organisation. Since the competition started in 2007, more than 28,000 students have participated from 53 countries and 258 universities. In 2016, a record number of three-member teams (2307 teams - 6921 participants) applied to enter our competition.
MEANS FOR US
STRATEGIC FOCUS AREAS
By applying alternative energy sources and energy efficiency technology, we opened one of the first "30service station 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, 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 long-lasting, high quality roads. We started commercial sales of the product in 2013. The product received ECO-label certification in 2014. We have recycled more than 100,000 waste tires.
In 2015 our Next Downstream Program brought 49 thousand tonnes of energy and CO2 emissions savings.
In the household cooking oil campaign, 579 tonnes of used cooking oil has been collected and sent for recycling at more than 230 MOL Group service stations since 2011.