MOL Group (Magyar OLaj- és Gázipari Részvénytársaság, Hungarian Oil and Gas Public Limited Company), commonly known as MOL, is a Hungarian multinational oil and gas company headquartered in Budapest, Hungary. MOL is the second most valuable company in Central and Eastern Europe. MOL placed 402 on the Fortune Global 500 list of the world's largest companies in 2013. MOL's revenue was equal to one fifth of Hungary's GDP at the time.As of November 2015 the largest shareholder is Hungarian state with 24.74% ahead of ČEZ Group with 7.35%, OmanOil Budapest with 7.00% and ahead of OTP Bank with 5.84%. More than 50% of shares are free floated. MOL is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It has minor renewable energy activities in the form of biofuels. It has operations in over 40 countries worldwide, it has nearly 2,000 service stations in 11 countries (mainly in Central and Eastern Europe) under seven brands, and it is a market leader in Hungary, Slovakia, Croatia. MOL's downstream operations manufacture and sell products such as fuels, lubricants, additives and petrochemicals. The company's most significant areas of operations are Central and Eastern Europe, Southern Europe, North Sea, Middle East and Russia. MOL has a primary listing on the Budapest Stock Exchange and is a constituent of the BUX Index. It had a market capitalisation more than $7 billion at the close of trading on 3 November 2015, the second largest of companies listed on the Budapest Stock Exchange. It has secondary listings on Euronext and Warsaw Stock Exchange.
Assets ($)
2.12E10
Equity ($)
9.967E9
Founding year
1957
Industry
http://didactalia.net/items/Dbpedia_bfe32fa7-3075-4482-97af-b888fa7733a8_e8e4408b-e508-436a-bb56-084ecf9ac296
Location country
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Net income ($)
6.73E8
Number of employees
31471
Operating income ($)
1.265E9
Product
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Revenue ($)
2.4633E10
Service
http://didactalia.net/items/Dbpedia_0224e893-6930-4bb5-835f-74a127fcce64_725d8186-7a9b-4275-b186-e8e1c848a175
Type
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Comment
0