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MOL group has completed the takeover of LUKOIL Czech Republic activities in CR

The MOL group has completed the takeover of the business activities of LUKOIL Czech Republic in the Czech Republic along with 44 Lukoil gas stations. The MOL group’s VP for retail Lars Höglund said that the acquisition will help the company growth further. The group also declared its plans to become the leader in the sale of motor fuels and other products and services at gas stations in the Czech Republic. At present MOL Group operates 192 gas stations in the Czech Republic with the Slovnaft, Pap Oil and Lukoil brands, which it plans to unify under two strong brands in 2015.