MOL Hungarian Oil and Gas Public Limited Company (MOLFF)

Profile

https://www.molgroup.info

MOL Hungarian Oil and Gas Public Limited Company is a multinational integrated oil and gas company headquartered in Budapest, Hungary. Established in 1991 through the merger of former state-owned entities, it operates across the full energy value chain, encompassing exploration and production of crude oil and natural gas, refining, petrochemical manufacturing, gas transmission, power generation, and retail services. MOL Group maintains upstream activities in 13 countries, including core regions like Hungary, Croatia, the North Sea, Middle East, Africa, Pakistan, Russia, and Kazakhstan, with daily hydrocarbon production averaging around 109,000 barrels of oil equivalent. Its downstream operations feature four refineries and two petrochemical sites with a combined refining capacity of 20.9 million tonnes per annum, producing fuels, lubricants, polyolefins, and other products sold in over 40 countries. The company manages nearly 2,000 service stations across nine Central and Eastern European nations under multiple brands and employs approximately 25,000 people worldwide. As Hungary's most profitable enterprise and a leader in the region, MOL Group plays a pivotal role in energy supply, logistics, and diversification into renewables and circular economy initiatives.