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07 May 2020 Press releases MOL Group reported USD 152mn net loss in Q1 Budapest, 07May 2020 – Today, MOL Group announced its financial results for Q1 2020. Large inventory and foregin exchange losses resulted in MOL reporting a USD 152mn net loss for Q1, the first sign of the pandemic-related crisis. Underlying operations were run...
11 Nov 2019 Press releases MOL Group completes acquisition of Aurora Group, strengthening position in recycled, sustainable plastics compounding segment Budapest, 11 November, 2019 – Following satisfaction of customary transaction approvals, MOL Group announce that effective 31 October 2019, it has acquired 100% shareholding in Aurora, a German plastic compounder company. As a result of the acq...
04 Nov 2019 Press releases MOL Group agrees to purchase a 9.57% stake in Azerbaijan’s ACG field and 8.9% in the BTC pipeline MOL has signed an agreement with Chevron Global Ventures Ltd and Chevron BTC Pipeline, Ltd to acquire their non-operated E&P and mid-stream interests in Azerbaijan, including a 9.57% stake in the Azeri-Chirag-Gunashli (“ACG”) oil field, and an effective 8.9% stake in the Baku-Tbilisi-...
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