Bloomberg: Mol Eyes Romanian Acquisitions in Fight for Retail Market Share
Thursday, March 26, 2015
Mol Nyrt. is looking at further acquisition opportunities in Romania as a way of expanding its network and becoming one of the country’s three largest gas station chains. The Hungarian energy group, which posted its biggest quarterly loss in more than five years at the end of 2014, seeks to reach a market share of about 20 percent in Romania by 2017, surpassing Lukoil OAO, said Lars Hoglund, the senior vice president of MOL Group Retail, in an ...