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This value chain turns crude oil into a range of refined products, which are moved and marketed for household, industrial and transport use. Commodity price, FX and interest rate risks are measured regularly by using a complex model based on advanced statistical methods, and are managed – if necessary - with hedging measures.Transferring of the financial consequences of our operational risks is done by insurance management, which represents an important risk mitigation tool used to cover the most relevant exposures and liabilities arising out of our operations. cars (with a third EV), which will be gradually replaced by a fully electric fleet.As part of its 2030 strategy, MOL Group aims to adapt to changing market dynamics and transform its traditional fuel retailing into a broader consumer goods and services business. Through the design of its incentive schemes, MOL aims to ensure that executive remuneration is aligned with and supports the company’s strategic objectives within a framework that closely aligns the interests of MOL executives to those of our shareholders.The incentive system for the top management included the following elements in 2018:The basis of the short term incentive is a target of 85%-100% of the annual base salary.

Budapest, 8 April 2020 – MOL Group implements measures not only to mitigate the impact of the current situation on the Group, but also to allow MOL to emerge from the crisis stronger. In addition, MOL made a declaration concerning the application of the corporate governance recommendations of the Warsaw Stock Exchange prior to the admission of its shares to the Warsaw Stock Exchange in December 2004. Budapest, 30 April 2020 - Due to the epidemic situation caused by the worldwide corona virus, MOL Group held an extraordinary general meeting instead of the Annual General Meeting, where the Board of the Directors decided on all proposals and proposed resolutio... MOL Services Top. The company is well on track with the Polyol Project, its flagship investment into high-value intermediates for products applied in the automotive, packaging and furniture industries.
This value chain turns crude oil into a range of refined products, which are moved and marketed for household, industrial and transport use. The ordinary general meeting is usually held in April, in line with the current regulations. MOL Group upgrades 2019 guidance after robust Q3 results Our new MOL Group environmentally-friendly service station achieved more than 50% in energy savings (120,000 kWh of electricity per annum), made creative use of alternative energy, effectively reduced 30 tonnes of GHG emissions and made conscious use of recycled materials.Rubber bitumen is produced by recycling the rubber parts of used tires. Every year, each company sets environmental targets to reduce the environmental impact of our business activities based on specific guidelines that are in line with midterm management plan, and … Organizational Structure to Promote ICT Strategy; Examples of ICT Strategies; Environment. MOL has many subsidiaries across all areas of its business operations. Company overview. Beyond its core region, Central & Eastern Europe, MOL has a a well-established presence and thriving partnership in the CIS region, the Middle East, Africa and Pakistan. MOL Group agrees to purchase a 9.57% stake in Azerbaijan’s ACG field and 8.9% in the BTC pipeline

It can be used in the construction of the long-lasting, high quality roads. MOL Group’s retail network is composed of close to 2,000 service stations in ten countries, predominantly located in the supply radius of the Group’s refineries which maximizes synergies between refining, marketing and retail.


The share allowance is provided once a year, within 30 days after the Annual General Meeting closing the given business year. Please note, that data above do not fully reflect the ownership structure in the Share Register. Take a look at our management team and organizational structure.