MOL Hungarian Oil & Gas PLC

Detailed Description

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság, together with its subsidiaries, operates as an integrated oil and gas company in Hungary and internationally. It operates through five business units: Upstream, Downstream, Consumer Services, Gas Midstream, and Corporate and Other. The company is involved in the refining, transportation, and storage of crude oil; wholesale and retail of crude oil products; geothermal energy production; natural gas transmission; feed water and raw water supply; water transportation; refinery and marketing of oil and petrochemical products; importing and exporting of energetical products; and warehousing and oil product storage activities. It also engages in the provision of transportation, fleet management, and financial services; marketing agency activities; production and distribution of electricity; and retail trade of fuels and lubricants. In addition, the company provides business, accounting, IT, and company services; construction and engineering, pipeline construction, and leasing services; technical consulting services; repair and maintenance services; investment management services; and real estate management services, as well as manufactures and sells machinery and equipment. Further, it engages in the mineral water production and distribution activities; exploration of hydrocarbon; and provides exploration financing, car sharing, firefighting, tourism, oilfield, and rental services. The company was incorporated in 1991 and is headquartered in Budapest, Hungary.