Hungarian oil and gas company MOL has won a 25.5 million euros contract for the supply of fuel to Slovenian Ministry of Public Administration. The contract was signed on 3 January and it will take effect on 9 January 2022. MOL ranked first at the tender launched by the Ministry, ahead of a joint bid of OMV Slovenia and local energy group Petrol. The pair won the previous fuel supply tender held in 2019, with a bid of 27.7 million euros.
Last June, MOL Group reached an agreement with OMV to acquire OMV’s 92.25 % stake in OMV Slovenia, in which Croatian INA already holds a 7.75 % minority stake, from OMV Downstream GmbH as direct shareholder. The agreed purchase price is 301 million euros (100 % share of OMV Slovenia).
The transaction includes 120 petrol stations across Slovenia. OMV Slovenia operates in the country under 3 brands: OMV (108), EuroTruck (4) and Avanti/DISKONT (8). MOL Group and INA will become the 100 % owner of the wholesale business of the acquired company, as well. With 48 MOL and 5 INA-branded service stations in Slovenia, MOL Group is currently the third largest retail market-player. However, the transaction is still subject to merger clearance.
MOL entered the Slovenian market in 1996 with the aim to establish a retail network and wholesale operation. By 2011 the company operated 31 petrol stations including acquired TUS network. In 2016, 11 Agip service stations joined the MOL portfolio. In parallel with greenfield investments and the integration of 5 INA stations, MOL Slovenia currently operates 53 petrol stations.
