MOL acquires ENI Romania's gas stations
Hungarian oil and gas company MOL announced today that it had completed the acquisition of ENI Romania, including 42 gas stations, thereby increasing the number of MOL-owned gas stations in Romania to 201, Hungarian news agency MTI reported today.
"MOL branding elements are to be swiftly applied to the acquired network," MOL said in a statement published on the website of the Budapest Stock Exchange.
MOL said last May that it would acquire a combined 208 gas stations from ENI in the Czech Republic, Slovakia and Romania. MOL said today that transactions in the Czech Republic and Slovakia are "still subject to the satisfaction of certain condition precedents".
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.