Norm Benzinkút seals deal to acquire MOL motorway gas stations
Hungary's Norm Benzinkút, which owns the Lukoil petrol stations in Hungary and Slovakia, has reached an agreement to acquire a pair of MOL motorway gas stations on the outskirts of Budapest, a filing with the Competition Office (GVH) on Friday shows, according to a report by state news wire MTI.
Norm Benzikút unit Normbenz Magyarorszag has signed a contract to acquire the gas stations, located on opposite sides of the M1 motorway, in Zsámbék, from MOL's retail real estate subsidiary MOL Kiskereskedelmi Ingatlan.
Norm Benzinkút managing director László Geszti said in December that the company was in talks on acquiring more gas stations, preferably on motorways.
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.