Bloomberg News

Mol to Spend 10 Million Euros on Slovenia in 2012

November 24, 2011

(Corrects date in headline.)

Nov. 24 (Bloomberg) -- Mol Nyrt., Hungary’s largest refiner, plans to spend 10 million euros ($13 million) next year as part of a bid to gain control of 10 percent of Slovenia’s retail fuel market, the company said.

Mol, which purchased 19 filling stations in Slovenia from TUS Holding Companies earlier this year, operates 37 filling stations in Slovenia and has a 7.2 percent market share, according to a statement released by Mol today.

--Editor: James Kraus

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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