06.20.2013

The Bucharest Court of Appeals has overruled Hungarian oil group MOL’s claim to have a RON80.2 million antitrust fine annulled, upholding the Competition Council’s decision. more

06.18.2013

MOL Romania, the local subsidiary of Hungarian oil group MOL, last year obtained a net profit of EUR17 million (76.1 million lei), after an over EUR3 million loss in 2011, caused by a fine by the more

06.12.2013

Hungary’s oil and natural gas company MOL said Wednesday it opened a new gas station in Romania, following a EUR1 million investment, thus expanding its local network to 138 units. more

05.30.2013

Fuel distributor MOL Romania, part of Hungarian oil and gas group MOL, has completed the first stage of a EUR10 million investment in a fuel storage space in Giurgiu, southern Romania, its second more

05.14.2013

Hungarian oil company MOL Tuesday said its fuel sales in Romania rose 5% in the first quarter of 2013 to 106,000 tons, from 101,000 tons in the similar interval a year ago, following the expansion of more

05.13.2013

Hungary’s oil and gas group MOL has no plans to sign an agreement with Gazprom-controlled Naftna Industrija Srbije (NIS) for exploration and production activities in Romania, the Hungarian company more

02.27.2013

MOL Romania, the local unit of Hungary’s oil and gas group MOL, estimates its market share will grow to 15% by 2015, from a little over 12% in 2012, the company’s chief executive Kinga Daradics more

02.26.2013

Hungary’s oil and natural gas company MOL said Tuesday it sold 469,000 tons of fuel in Romania last year, up 4% from 451,000 tons in 2011, driven by higher diesel fuel sales. more

02.14.2013

Hungary’s oil and natural gas company MOL said Thursday it opened two new gas stations in Romania, following a EUR500,000 investment, thus expanding its local network to 137 units. more

12.20.2012

Hungary’s oil and natural gas company MOL said Thursday it invested about EUR1.3 million in a new gas station in Romania, expanding its local network to 135 units. more

12.11.2012

Hungary’s oil and natural gas company MOL said Tuesday it invested about EUR1 million in a new gas station in Romania, expanding its local network to 134 units. more

11.14.2012

Hungarian oil company MOL on Wednesday said its fuel sales in Romania rose 4% to 347,000 tons in the first nine months of 2012, from 333,000 tons in the year-earlier period. more

10.29.2012

MOL Romania, the local unit of Hungary’s oil and natural gas company MOL, Monday said it has invested EUR1.3 million in two new gas stations in Romania, bringing its local network to 133 units. more

08.14.2012

Hungarian oil company MOL Tuesday said its fuel sales volume on the Romanian market rose 5% to 220,000 tons in the first half, from 208,000 tons in the year-earlier period. more

07.23.2012

MOL Romania CEO, Kinga Daradics, said it is hard to predict the evolution of the oil market in 2012 amid political uncertainties and problems in the eurozone, after the start of a difficult year which more

05.15.2012

Hungarian oil company MOL Tuesday said its fuel sales volume on the Romanian market rose 5% to 101,000 tons in the first quarter, from 96,000 tons in the year-earlier period. more

02.24.2012

Hungarian oil group MOL on Friday reported a 4% increase in volumes sold in Romania in 2011, to 451,000 tons from 433,000 tons, while its market share rose by approximately one percentage point, to more

01.10.2012

Oil company MOL Romania on Tuesday said it will challenge in court the 80.27 million lei (EUR18.5 million) fine received from the Competition Council within a fuel market probe involving several oil more

10.14.2011

Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies. more

08.16.2011

Hungarian oil company MOL on Tuesday said it has registered a 1.1% year-on-year rise in its first-half Romania sale volumes, and its market share widened to 12%, from 11% in the same interval of 2010. more

06.08.2011

At 30, Kinga Agnes Daradics has taken over the helm of MOL Romania, a business with revenue of EUR560 million which makes it one of the top four oil companies on the local market, becoming the more

05.19.2011

The sales of Hungarian oil group MOL stagnated in the first quarter in Romania, compared to the same interval of 2010, but its market share registered a slight increase, the company said Thursday. more

05.02.2011

Hungarian oil and gas group MOL appointed Sunday Kinga Ágnes Daradics as chief executive officer and country retail manager of the Romanian subsidiary, replacing Szabolcs Ferencz. more

04.19.2011

Hungarian oil group MOL Tuesday said it has signed concession agreements for three exploration perimeters in western Romania. more