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Unipetrol established a new subsidiary in Hungary

10-11-2015  

Prague, 10 November 2015 – The company Unipetrol RPA has established a new subsidiary company in Hungary - Unipetrol RPA Hungary Kft. It is a limited liability company based in Budapest, 100% owned by Unipetrol RPA. The subject of its business is wholesale of solid, liquid and gaseous fuels and related products as well as retail sales of motor fuels in the specialized shops.

"The establishment of a subsidiary company in Hungary confirms Unipetrol´s long-term interests in this market and should contribute to further strengthening of business activities in this country," said CEO and Chairman of the Board of Directors of Unipetrol Marek Świtajewski. "Hungary has for us interesting dynamics, between 2014 and 2015 we managed to double the volume of imported fuel into this country," added Marek Świtajewski.
By the establishment of a new company in Hungary Unipetrol wants to further improve the quality of locally provided services and be able to flexibly address new groups of customers. The expansion of activities in the international markets is for Unipetrol a strategic step in terms of the recent increase in stake in Česká rafinérská and related increase in refining capacities.
Apart from the Hungarian company Unipetrol RPA Hungary Kft., Unipetrol Group includes also companies Unipetrol Deutschland GmbH and Unipetrol Slovensko s.r.o.
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UNIPETROL, a.s. controls companies, which are active in the petrochemical industry in the Czech Republic. In 2005, UNIPETROL became part of PKN ORLEN Group, the largest processor of crude oil in Central Europe. The UNIPETROL Group is mainly focused on processing of crude oil, distribution of fuels and petrochemical production. In all of these areas, the UNIPETROL Group is an important player in the Czech Republic and also on the market in Central Europe. In the Czech Republic, the group is one of the most important companies with regards to turnover and employs approximately 3,800 people.

Contact:
Mikuláš Duda
Press Department Manager, UNIPETROL, a.s.
Phone: +420 225 001 407, +420 736 502 520
E-mail: mikulas.duda@unipetrol.cz

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