MOL rolls back plans to close 28 gas stations in Hungary
MOL has scrapped earlier plans to close 28 gas stations in Hungary - 6% of its network - because of a drop in demand due to the coronavirus pandemic, according to a report by state news wire MTI.
"Earlier, vehicle fuel sales at group level were down 30%-40% from the same period a year earlier, but we have seen a significant improvement in the recent period," MOL said.
As lockdowns are lifted, MOL said it is re-opening 29 petrol stations in the Czech Republic, 26 in Serbia, one in Slovakia, and one in Slovenia. In Bosnia, 33 petrol stations are returning to normal operation after business hours were cut, it added.
MOL has about 2,000 petrol stations in the region, including 468 in Hungary.
In these challenging times, bbj.hu is committed to providing you with up-to-date and accurate information. We will post at least three coronavirus updates each day, including weekends and bank holidays, at 10 a.m., noon and 5 p.m., or as close to then as developing events allow. Breaking news and other stories will be added throughout the day Monday-through-Friday.
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.