MOL has lost several dozen gas stations
Number of Hungarian MOL stations at the end of March fell to 386, compared to 414 stations in 2022. The brand entered the Polish market when a fusjja in a relationship Lotus and Orlen The first ones They had to sell over 400 stationsAnd that Orlen would not gain much advantage on the market. However, MOL did not conquer Poland despite the ambitious plans to increase business in our country. “Puls Biznesu” looked at the financial results of the company, which shows that this moves away from his goals.
MOL financial results in Poland
In 2022, MOL recorded PLN 11.2 billion in revenues. However, it was getting worse every year. In 2023 it was only PLN 7.3 billion, and in 2024 – PLN 6.4 billion. The company explains such a large decline after the first year of activity with organizational and ownership changes. The Russian invasion of Ukraine was also influenced. The situation is even worse when it comes to operating profit, which in 2022 amounted to PLN 44.3 million, a year later PLN 38.3 million, and In 2024, MOL recorded an operational loss And in the amount of up to PLN 51.3 million. The net situation is no better. In 2022, the loss was only 11 thousand. PLN, a year later PLN 3.79 million to shoot at 2024 level PLN 81.5 million.
MOL is planning an expansion on the Polish market
Despite the problems, MOL announced at the end of last year further expansion on the Polish market. Hungarian concern The fuel announced that in 2025 he intends merge Polish companies dependent, i.e. Mol Polska and Slovnaft Polska. – We want to be number two or three on Polish market. This goal cannot be achieved by buying one or two stations per month – said MOL POLISH President Richard Austen. The Slovnaft Polska connection has 88 stations.
Sources: Puls Biznesu, Bankier.pl for PAP,Next.gazeta.pl