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Unipetrol consolidates its activities in the Slovak Republic

02-12-2015  

​Unipetrol Group consolidates its activities on the Slovak market and decided to merge the companies UNIPETROL SLOVENSKO s.r.o. and MOGUL SLOVAKIA, s.r.o. The successor company, which will cover the wholesale fuel distribution and sale of oils and lubricants of the brands MOGUL and PARAMO on the Slovak market, will be the company UNIPETROL SLOVENSKO s.r.o. The change will lead to more efficient coordination of corporate activities and should contribute to strengthening of company´s position on important export market.

"Unipetrol has been one of the largest wholesale fuel distributors on the Slovak market in the long term. Last year, the company Unipetrol Slovensko reached revenues in the amount of 621 million EUR and ranked among the 50 biggest companies in Slovakia. The merger with the company Mogul Slovakia will strengthen the brand Unipetrol on the local market and will help to further development of our business activities,"  said Marek Świtajewski, Chairman of the Board of Directors and CEO of Unipetrol.
 
The company MOGUL SLOVAKIA, s.r.o. was established in 1997 and distributes a wide range of oils and lubricants of the brands MOGUL and PARAMO to several hundreds of clients. The company UNIPETROL SLOVENSKO s.r.o. provides wholesale of fuels and is the largest fuel importer on the Slovak market. 

The merger will be effective as of January 1, 2016.

 
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 3,900 people.
 
Contact:
Mikuláš Duda
Press Department Manager, UNIPETROL, a.s.
Phone: +420 225 001 407, +420 736 502 520


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