MOL Group completed the acquisition of ENI´s Slovenian Downstream business. The Hungarian company ended 2015 with 202 filling stations in Romania and might open another 11 by this year-end as well.

MOL and ENI signed a share-purchase agreement last year concerning the takeover of the entire retail network and wholesale business of ENI in Slovenia.

As a result of the acquisition, MOL’s retail network grows by 17 service stations and strengthens the company’s position among the top three retail network operators in the country. The deal complements MOL’s current local network of 40 stations and the company establishes its retail presence in Ljubljana. Following the closing of the transaction the company expects to consolidate all service stations in the country under the MOL brand.

“Slovenia is for us a very important market due to close proximity to our refineries. Furthermore, the acquisition of 17 new stations will make us more accessible for our customers and give us a chance to make many more people on the move smile and feel welcomed. Driven by this purpose we continuously seek to improve our service level and our offer, developed according to the needs of the modern customer on the move,” said Lars Höglund, Senior Vice President of MOL Group Retail.

With the acquisition of ENI Slovenija, MOL Group will rebrand the Agip stations to MOL and introduce the Fresh Corner concept.