MOL Aiming to increase market Share in Slovenia

Hungarian energy group MOL, which acquired from Engrotus group in May its fuel retail network, wishes to increase its share on Slovenia's market from current 7.2% to 10% as soon as possible. Vice-president of sales department at MOL Laszlo Piry told the press on Tuesday that the goal was set for the end of 2012.

The group is to invest some EUR 10m in this expansion that will see at least five new petrol stations open in the area of Ljubljana and the Gorenjsko region, where MOL currently does not have any petrol stations.