MOL Group acquires retail assets in Slovakia and Hungary

MOL Group acquires retail assets in Slovakia and Hungary

MOL Group has acquired of 100% of Normbenz Slovakia s.r.o. by Slovnaft that includes 16 service stations in Slovakia operated under the Lukoil brand. MOL has also concluded a deal with Marche International AG to buy the company that operates 9 restaurants in Hungary under the Marche brand. The agreements fit the Group’s “SHAPE TOMORROW” 2030+ updated long-term strategy, which lays special emphasis on the development of Consumer Services.

 

“Further develop the food and convenience offers and network expansion is both part of our updated strategy and serves our aim to become a regional leader in fuel and convenience retailing. In order to reach that, we seek new opportunities with a new determination. Welcoming the 16 new service stations in Slovakia gives us the opportunity to expand our presence in the country and to introduce our existing Fresh Corner concept throughout the new Slovnaft stations. The acquisition of the company operating Marché restaurants in Hungary creates new perspectives for MOL as well, as it can take its gastro offer to a whole new level and reach a wider audience with its retail services,” said Peter Ratatics, Executive Vice President for Consumer Services of MOL Group.

 

"We are expanding Slovnaft's retail network in Slovakia to get closer to our customers. The acquired filling stations will be rebranded and they will provide people on the roads with the high standard of products and services they expect from our network," said Timea Reicher, Retail Director of Slovnaft, a.s."

 

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