Hungarian oil and gas firm MOL Nyrt. (MOL.BU) is set to acquire
gas stations in the Czech Republic from Italy's ENI SpA (E),
becoming the second-biggest player in this market, Czech daily
Hospodarske Noviny reported Wednesday, without citing sources.
MOL will exchange its refinery in Mantova, Italy--which it has
been planning to close because of an unfavorable economic
environment--for the filling stations, the daily added.
MOL declined to comment.
The Hungarian oil firm already owns 24 Slovnaft and 125 Pap Oil
gas stations in the country. With the acquisition of 124 Agip gas
stations from ENI, MOL will become the second-biggest operator in
the retail vehicle-fuel market in the Czech Republic, with a 10%
market share, the daily said.
The Czech Republic's biggest fuel retailer is Czech Benzina with
340 filling stations.
Newspaper website:
http://byznys.ihned.cz/zpravodajstvi-cesko/c1-62069790-madari-kupuji-sit-agip-v-cesku-benzinka
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