MOL investments go beyond $90m

MOL Romania SRL, the largest branch of the Hungarian oil and gas group MOL has invested more than $90 million on the Romanian fuel distribution market so far. “MOL Romania is planning to maintain its expansion pace as announced, i.e. to open 8 to 10 stations a year. Our purpose is to consolidate the network at a national level,” executive manager Aliz Kosza said, adding four gas stations were being built at the moment. MOL is now operating 50 gas stations on the Romanian market. MOL is one of the largest foreign investors on the Romanian fuel distribution market, after Russian LukOil Group (some $200 million) and Anglo-Dutch giant Shell ($100 million). ZF