MOL Group

MOL Group (Magyar Olaj- és Gázipari Nyilvánosan működő Részvénytársaság, Hungarian Oil and Gas Public Limited Company, MOL derived from Magyar Olaj, meaning "Hungarian Oil") is an integrated oil and gas group in Hungary. In addition to Hungary, the company is present in the Europe, the Middle East and Africa region, as also in the CIS countries, with interests in exploration, production, refining, marketing and petrochemicals. MOL employs 31,732 people (2011), has 1,635 filling stations (2011) internationally and it is a market leader in Hungary and Slovakia. It is the second largest company in Central and Eastern Europe.

MOL Nyrt. is a public limited company listed at the Budapest Stock Exchange. As of 24 Oct 2012, MOL Nyrt. has market capitalization of US$ 9.1 billion. The largest owner of the MOL is the Hungarian State with 24.6%. It is far the most important company in Hungary, nearly three times larger than the second. In 2006 MOL had 2891.1 billion HUF net revenue, rose to 5343.2 billion HUF in 2011.