MOL Group completes the acquisition of ENI service stations in Romania
MOL Group has successfully completed the acquisition of ENI Romania, including 42 service stations. This step will significantly contribute to further strengthening MOL Group’s market share in Romania. MOL branding elements are to be swiftly applied to the acquired network.
"This transaction greatly contributes to MOL Group’s objective of increasing its retail market share in CEE in general and its country-wide coverage in Romania in particular. We are committed to developing our activities in Romania for the long-run. We constantly seek to improve our customer experience and offer a great variety of non-fuel products." - said Lars Höglund, Senior Vice President, MOL Group Retail.
As a result of integrating the acquired network, MOL Group will reach a network of 201 units in Romania. In May 2014, MOL Group had announced the acquisition of Eni’s downstream subsidiaries in the Czech Republic, Slovakia and Romania with 208 ENI service stations. The acquisition of Eni’s downstream subsidiaries in the Czech Republic and Slovakia is still subject to the satisfaction of certain condition precedents.