Following the finalization of their contract with the Hungarian oil and gas company Mol, the Polish Orlen Group has entered the Hungarian fuel market and will operate a total of 143 domestic service stations, the company said in a statement.
79 of the stations are already owned by Orlen, but for the time being they are still operating under the Lukoil brand. By March 2023, they will undergo a rebranding and will be given a Polish red and white design. The other 64 service stations will be gradually bought and renamed by mid-2024.
Once the Mol transaction is completed, the Orlen Group will operate more than 660 service stations in the Czech Republic, Slovakia and Hungary. The company is the market leader in the Czech Republic with 430 service stations.
The Group will increase the number of stations in Slovakia to 91 and in Hungary to 143, making it one of the four largest players in both markets. Altogether, Orlen operates nearly 3,000 service stations in six European countries – Poland, Germany, the Czech Republic, Lithuania, Slovakia and now Hungary.
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