Mol, HU0000068952

ISIN: HU0000068952 WKN: 593127 Founded in 1991, MOL is a major Central European company in the integrated oil and gas industry.

23.12.2011 - 15:20:55

Mol. Based on its turnover figures, it is the largest enterprise in Hungary. In 2000, the company became the dominant shareholder in Slovnaft, the leading Slovakian oil industry company, with the proportion of its shares reaching 98.4% in 2004. In 2003, it acquired a 25% share in the Croatian company INA. With several decades of research and production experience, it is continuously expanding its participation in foreign extraction projects. The company operates two highly efficient refineries in Bratislava and in Százhalombatta. This is complemented by an extensive network of oil and product pipelines, a storage network and a continuously expanding well network. The Group s petrochemical division delivers polymers to a number of European plastic processing undertakings. A substantial part of MOL s natural gas division has been sold, except for its natural gas transportation division. In 2006, it won a Hungarian state tender for the establishment of a strategic natural gas storage facility, and also entered into a strategic partnership with Gazprom. In all of its main activities, the company is a market leader both in Hungary and in Slovakia. MOL Group shares are listed on the Budapest, Luxembourg and Warsaw Stock Exchanges; its DRs are traded on the US Pink Sheet and London’s International Order Book. Its shares are listed on the Hungarian Stock Exchange from 1995. Nominal price: 1000 HUF.