Hungarian multinational oil and gas company MOL Group has announced that its Slovakian subsidiary, Slovnaft has acquired Normbenz Slovakia, together with 16 filling stations operating under the Lukoil brand in Slovakia. In the meantime, MOL Romania signed the contracts for the concession of services with Romania’s national road management company to equip, operate and maintain 14 service stations located on the Romanian highways.
At the beginning of March, MOL also agreed with Marché International to acquire 9 restaurants operated under the Marché brand in Hungary.
The acquisitions are in line with the group’s updated SHAPE TOMORROW 2030+ long-term strategy, which places special emphasis on the development of Consumer Services.
“Further development of gastro and convenience services and network expansion are all part of our updated strategy with the aim of becoming a regional leader in fuel and retail,” said Péter Ratatics, Managing Director of MOL Group Consumer Services.
“The acquisition of 16 filling stations under the Lukoil brand in Slovakia allows us to strengthen our presence in the country and expand our Fresh Corner concept to new locations,” underlined Mr Ratatics.
The acquisition of 100 per cent ownership of Normbenz Slovakia includes 16 Lukoil-branded filling stations in Slovakia with nationwide coverage, complementing the Slovnaft network of 254 filling stations currently operating in the country.
The newly acquired filling stations will continue to operate under the Slovnaft brand. Slovnaft intends to introduce the Fresh Corner concept to new locations after the acquisition, with premium gastro products and other services already offered by the Slovnaft network. The transaction is subject to the approval of the Slovak Competition Authority.
The Fresh Corner concept was launched in 2015. The chain now has 955 stores, and the concept has contributed significantly to the Consumer Services segment’s record result in 2020 – increasing the group’s EBITDA by 510 million US dollars (430 million euro).
MOL is also strengthening its presence in Romania. Yesterday MOL Romania announced it signed the contracts for the concession of services with Romania’s national road management company (CNAIR) to equip, operate and maintain 14 service stations located on the Romanian highways, on the routes Nădlac – Sibiu (A1), Pitești – Bucharest (A1) and Cernavoda – Constanța (A2).
“Through this project, we will strengthen our presence on the main transport routes in Romania,” said Camelia Ene, CEO of MOL Romania.
“Our clients will access fuel supply services, electric charging services, and will enjoy the products and services under the Fresh Corner concept,” added Ms Ene.