MOL opened the first MOL branded filling station in Austria!

The leading CEE oil and gas company MOL has made another step in the Austrian market. After being already very active in wholesales with a market share of 1/3 in Eastern Austria, and completing a successful cooperation with Roth Austria GMBH it is opening the first Mol branded filling station.

The first MOL filling station has been opened in Leoben, Styria, and will be only the starting point for a sustainable growth strategy in Austria. Laszlo Geszti, MOL Group Senior Vice-President – Retail Division, stated: „Austria is a well developed market where we see great potential for our high quality oil and gas products. After our successful wholesale activities and our cooperation with Roth we see this as the logical final step for fulfilling the supply chain for the customers. Our objective is to reach on a mid term basis a sizable market share.”

The filling stations will offer highest product quality and excellent shop services.

About MOL

MOL Plc. is the leading independent, international and integrated oil and gas company in Central-Eastern Europe, headquartered in Budapest. MOL Group has a market capitalization of over USD 16 bn. The company has operations in Europe, the Middle East, Africa and the CIS states. MOL employs some 15.000 people, worldwide and has 3 highly complex refineries in Hungary, Slovakia and Italy, operating  over 1000 filling stations in Central and South Eastern Europe. MOL Group also operates over 5,000 km high pressure natural gas pipeline network and is involved in the petrochemical business.

About MOL 'S ACTIVITIES IN AUSTRIA

In 2007, MOL’s sales in Austria went up to 1.7 Million tons of oil and gas products.
As a 100% subsidiary of the MOL Group, since 1975 MOL Austria Handels GmbH has been active on the Austrian market. Its main activities focus on the wholesale of oil products of the MOL group (fuels, bitumen and petrochemicals). In 2007, 27 employees generated revenue of 380 Million Euros.
In Roth-Heizöle GmbH MOL holds a share of 74.99%. Roth operates 34 filling stations mainly in Styria in the South-East of Austria and is a pioneer in the area of Biodiesel.
Approximately 300,000 tons per year are handled directly through the MOL group as FOB (Free of Board) deals with destination Austria.