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

Upstream

Exploration

Production

Gas midstream

 

Downstream

Refining

Petrochemicals

Business innovations
& services

Retail

Mobility

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
 
Crescent Petroleum 1.5
 
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)

2014 MOL Group at a Glance2294
 

1167

874

253

 
2015 MOL Group at a Glance2569
 

705

1650

214

 
2016 MOL Group at a Glance2322
 

675

1453

194

 
 
UPSTREAM
 
DOWNSTREAM
 
GAS MIDSTREAM

1,000,000

Retail transactions per day

25,000

employees

 

40

Million barrels
per year
production

33

Countries
across europe,
middle east, africa
and asia

6

Downstream
production
units

7.1

Capitalisation
(USD BN)
19 December 2016

 

LATEST MILESTONES

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.

Our businesses

 

Upstream

MOL Group has over 75 years of experience in exploration and production and its diverse portfolio includes oil and gas exploration assets in 13 countries, with production activity in 8 countries. Beyond its core region, Central & Eastern Europe, MOL has a well-established presence and thriving partnerships in the CIS region, the Middle East, Africa and Pakistan. In 2014, MOL Group also entered the United Kingdom, and later Norway, to increase its reserves and enhance its offshore experience. MOL Group is committed to doing business responsibly and sustainably, supporting communities and striving to meet the best possible health and safety and security standards wherever it is present.

Business Innovations & Services

MOL Group's retail network is composed of close to 2,000 service stations in ten countries, predominantly located in the supply radius of the Group's refeneries which maximizes synergies between refining, marketing and retail. Building on this network, our goal is to provide our 10 million customers with high quality products and the most desirable services and future demand solutions.

 
 

Downstream

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

 
 

Human Resources

TC&CD

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.

WHAT SUSTAINABILITY
MEANS FOR US
STRATEGIC FOCUS AREAS

Human
Capital

Communities

Ethics and
governance

Environment

Health
& Safety

Climate
Change

Member of Dow Jones Sustainability Indices In Collaboration with RobecoSAM

FOLLOW US:

Best practices

 

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.