MOL acquires ENI Romania's gas stations

History

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".

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