MOL Group

OverviewSuggest Edit

MOL Group is an integrated Central and East European oil and gas corporation. It operates through five major operating business units: Upstream, Downstream, Consumer Services, Gas Midstream, and Corporate and other segments. The company's products include, among others, gasoline, diesel, heating oil, aviation fuel, lubricants, bitumen, sulphur, and liquefied petroleum gas. It also produces and sells petrochemicals worldwide.

HQBudapest, HU
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)2,851(-3%)
Job Openings245
Revenue (FY, 2019)FT5.3 T(+2%)
Cybersecurity ratingBMore

Key People/Management at MOL Group

Zsolt Hernádi

Zsolt Hernádi

József Molnár

József Molnár

Group Chief Executive Officer, Director
Péter Ratatics

Péter Ratatics

COO, EVP of Consumer Services, Hungary
Gabriel Szabó

Gabriel Szabó

Group Logistics SVP, Chief Executive Officer of SLOVNAFT
József Simola

József Simola

Group Chief Financial Officer
Berislav Gaso

Berislav Gaso

Upstream Executive Vice President
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MOL Group Office Locations

MOL Group has offices in Budapest, Wien, Praha, München and in 11 other locations
Wien, AT
Walcherstraße 11a/7. OG
Praha, CZ
Purkyňova 2121/3
München, DE
Ottostraße 5/3. OG
Budapest, HU
Budafoki út 79.
Uralsk, KZ
Dostyk Ave 148A-A1
Oslo, NO
Trelastgata 3
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MOL Group Financials and Metrics

Summary Metrics

Founding Date

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MOL Group Revenue

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MOL Group's revenue was reported to be Ft5.27 t in FY, 2019 which is a 1.9% increase from the previous period.

Revenue (Q1, 2020)


Gross profit (Q1, 2020)


Gross profit margin (Q1, 2020), %


Net income (Q1, 2020)


EBIT (Q1, 2020)


Cash (31-Mar-2020)

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Revenue growth, %


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Financial Leverage

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MOL Group Operating Metrics

Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020

Refinery Processing (Purchased and Sold Products), kt

5458298265562.76 k8311.23 k9819233.96 k729

Refinery Production (Own Consumption), kt

3884314264731.72 k3903293724551.55 k387

Retail Refined Product Sales (Gasoline, Czech Republic), kt


Retail Refined Product Sales (Other Products), kt

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MOL Group Acquisitions / Subsidiaries

Company NameDateDeal Size
IES - ITALIANA ENERGIA E SERVIZI S.p.A. (Mol Group)November 15, 2007
Aurora Kunststoffe GmbH
CEGE Geothermikus Koncessziós Kft
CEGE Közép-európai Geotermikus Energia Termelő Zrt.
Csanád Szénhidrogén Koncessziós Kft.
EMSZ Első Magyar Szénhidrogén Koncessziós Kft.
FGSZ Földgázszállító Zrt.
Fonte Viva Kft.
Geoinform Kft.
IES S.p.A.
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MOL Group Revenue Breakdown

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MOL Group revenue breakdown by business segment: 23.5% from Consumer Services, 64.1% from Downstream Segment, 6.8% from Upstream Segment and 5.6% from Other

MOL Group revenue breakdown by geographic segment: 5.4% from Austria, 6.3% from Romania , 7.6% from Czech Republic, 8.1% from Italy, 10.2% from Slovakia, 11.5% from Croatia, 25.7% from Hungary and 25.1% from Other

Human Capital Metrics

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MOL Group Cybersecurity Score

Cybersecurity ratingPremium dataset



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MOL Group Online and Social Media Presence

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MOL Group Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



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MOL Group News and Updates

MOL Group reports USD $152m net loss in Q1, as Covid-19 pandemic hits

Today, MOL Group announced its financial results for Q1 2020. Large inventory and foreign exchange losses resulted in MOL reporting a USD 152mn net loss for Q1, the first sign of the pandemic-related crisis.

MOL acquires Chevron’s assets in Azerbaijan for $1.57bn

Oil and gas company MOL has completed its previously announced acquisition of certain assets in Azerbaijan from Chevron’s affiliate companies for $1.57bn.

MOL Group takes financial measures to reduce economic damage of COVID-19

MOL Group implements health, safety, operational and financial measures in response to the COVID-19 pandemic and economic situation.

MOL Group starts producing hand, surface sanitizers to offer protection against COVD-19

Hungarian MOL Group has started production of hand and surface sanitizers to offer protection against the coronavirus, Trend reports citing the company.

MOL Group Blogs

MOL is building a new rubber bitumen plant in Zalaegerszeg, Hungary

The construction of the new MOL rubber bitumen plant will begin as a brownfield investment With a capacity of 20,000 tons per year, production can start next year Thanks to rubber bitumen more durable, pothole-free asphalt roads can be built with higher load capacity and less maintenance costs The…

MOL Group delivered over USD 500mn EBITDA in the first quarter of 2019

MOL Group delivered CCS EBITDA of USD 514mn (HUF 144bn) in Q1, 2019 Upstream EBITDA remained flat at USD 283mn (HUF 79,4bn) compared with Q1 2018 Downstream Clean CCS EBITDA was weaker year-on-year at USD 138mn (HUF 38,6bn) Consumer Services EBITDA continued its double-digit growth to new Q1 high N…

MOL Group enters into recycled plastic compounding by acquiring Aurora Group

The acquisition is in line with MOL Group 2030 Strategy’s objective to extend petrochemical portfolio with higher value-added products The transaction with Aurora will enable MOL to strengthen its position as automotive supplier MOL and Aurora envisage ambitious growth of the business in Germany an…

MOL’s 2019 Annual General Meeting Approves HUF 107 Billion Dividend

Shareholders approved consolidated financial statements of MOL Group for 2018 Annual General Meeting accepted dividend payment of HUF 107 bn (USD 376 mn) Appointments made to the Board of Directors, Supervisory Board and Audit Committee MOL Group Annual Report 2018 can be accessed at info/annual…

Slovakia-based GA Drilling receives significant funding from Lead Ventures and signs Service Agreement with MOL Group

GA Drilling is a world pioneer in developing innovative technology for contactless drilling and P&A milling using its proprietary electric plasma disintegration process The aim of partnership is to enable GA Drilling to successfully deliver its first commercial application for Oil & Gas ind…

MOL Group Looks For Top Graduates To Apply For Its Growww 2019 Program

Application is now open until 28 April 2019 at info/growww Growww is MOL Group’s flagship talent acquisition program for fresh graduates interested to kick-start their careers in the leading multinational company in CEE Since 2007, more than 2,100 talented individuals from all around the world join…
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MOL Group Frequently Asked Questions

  • When was MOL Group founded?

    MOL Group was founded in 1991.

  • Who are MOL Group key executives?

    MOL Group's key executives are Zsolt Hernádi, József Molnár and Péter Ratatics.

  • How many employees does MOL Group have?

    MOL Group has 2,851 employees.

  • What is MOL Group revenue?

    Latest MOL Group annual revenue is Ft5.3 t.

  • What is MOL Group revenue per employee?

    Latest MOL Group revenue per employee is Ft1.8 b.

  • Who are MOL Group competitors?

    Competitors of MOL Group include BP, Polski Koncern Naftowy Orlen and OMV Group.

  • Where are MOL Group offices?

    MOL Group has offices in Budapest, Wien, Praha, München and in 11 other locations.

  • How many offices does MOL Group have?

    MOL Group has 16 offices.