MOL Group has announced its financial results for Q3 2025, achieving a $503 million profit before tax, which remained flat year-on-year.
MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
MOL Group continues to diversify its oil supply sources by importing 85,000 tonnes of CPC oil and signing a commercial agreement with KazMunayGas (KMG).
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The organization will spearhead multiple initiatives aimed at diversifying MOL Group's energy portfolio.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources.
AJ Brand, the Romanian developer of renewable energy projects, has completed the acquisition of the Gebeleizis 6.4 MW operational solar photovoltaic project from Eximprod.
Telecom company Digi Communications has converted 16,974 class A shares into class B shares to fulfill obligations under its ongoing stock option plan.
Railway and airline transport suffered major disruptions on Wednesday morning in Bucharest region due to a red code snowstorm.
Vastint Romania has signed a new leasing contract with Scor, one of the world's largest reinsurers, for its first office in Romania.
Symphopay is strengthening its position as a payment orchestration solution for retail in Romania, following implementation across more than 1,750 stores in the Profi network.