Government is happy about MOL’s market success and welcomes Polish investors
16. 02. 2022.
The government is happy about MOL’s success on the market, and welcomes Polish investors.

On Wednesday in the Carmelite Monastery, Prime Minister Viktor Orbán, President of the Board of Directors of the Polish company PKN Orlen Daniel Obajtek and Chair-Chief Executive of the MOL Group Zsolt Hernádi had talks about Eastern and Central Europe’s energy sovereignty and the reinforcement of the North-South energy corridor, Bertalan Havasi, the Deputy State Secretary heading the Press Office of the Prime Minister informed the Hungarian news agency MTI.

At the meeting, the parties also spoke about the recently-announced agreement between the MOL Group and the Polish company, based on which MOL is acquiring 417 filling stations in Poland, while the Polish company is acquiring 185 filling stations in Hungary and Slovakia. Once the deal is finalised, MOL could advance to third position in Polish fuel retail, while PKN Orlen could enter the Hungarian market as fourth largest player.

They said the Hungarian government is happy about MOL’s market acquisition, and welcomes Polish investors to Hungary. The business agreement will dynamise traditionally good relations between Hungary and Poland, and will equally promote the cooperation of the V4 and the development of Eastern and Central Europe’s economy. According to the negotiating parties, Polish and Hungarian customers could be the ultimate winners of the two companies’ fair competition on the market, the press chief said.