MOL Group announced its financial results for 2016. MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean CCS EBITDA of USD 2.15bn, which is only moderately down compared with the previous year.
Search results for: MOL Group
Organizational and Personnel Change in MOL Group
In line with the new “MOL Group 2030 – Enter Tomorrow” strategy, the Board of Directors – at its meeting held on the 13th October – approved the following organizational and personnel changes with the aim to better support the realization of the strategic goals.
MOL Group Announces Q1 2016 Results
MOL Group announced its financial results for Q1 2016. The results imply that MOL is well on track to deliver its guidance and generate at least USD 2bn clean CCS EBITDA in 2016. MOL Group’s resilient integrated business model absorbed the effects of low oil prices as strong Downstream EBITDA growth offset the decline in Upstream profits.
MOL Group Acquires Eni’s Downstream Business in Slovenia
MOL signed an agreement with Eni International B.V. for the acquisition of the entire share capital of Eni Slovenia doo., a company managing 17 Agip branded service stations in Slovenia. The acquired retail network is a perfect match to MOL’s existing network and also provides growth for local wholesale activity.
MOL Group Announces 2015 Third Quarter Results
MOL Group announced its third quarter financial results. In Q3 2015 MOL Group generated a clean CCS EBITDA of HUF 199bn (or USD 708mn), which is once again the best ever result with the Downstream business remaining the key contributor.
Three Strong Brands Form the Global Busch Group
Busch Vacuum Solutions, Pfeiffer Vacuum and centrotherm clean solutions are now united under the umbrella of the new Busch Group. Together, they offer an extensive product portfolio and improved customer experience. Headquartered in Germany’s Black Forest, the Busch Group is one of the world’s largest manufacturers of comprehensive vacuum solutions, including vacuum pumps, vacuum systems, blowers, compressors and gas abatement systems.
Editorial: How Andritz Group Developed New Vertical Line Shaft Pumps
TURBOdesign1 was introduced at ANDRITZ for hydraulic development of a new vertical line shaft pump. This type of pump is typically used for irrigation and the cooling water supply to thermal power plants.
KHS Group Publishes its Fourth Voluntary Sustainability Report
The new KHS sustainability report has been published under the title of Global responsibility – acting reliably and with foresight. In it the systems supplier presents its activities and results for 2019 and 2020 regarding strategy and product responsibility, corporate environmental protection and social issues.
Sulzer Pumps at the Heart of the Largest Smolt Facility in Norway
Nordlaks is a Norwegian fully integrated company that produces, processes and sells Atlantic salmon and rainbow trout worldwide. It has recently completed the building of a new smolt facility for fish up to 500 grams at Innhavet in Hamarøy municipality.