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.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces. The publication maps Romania's flex ecosystem through an innovative framework co-created with European coworking experts Pauline Roussel and Dimitar Inchev from Twofifty Consulting.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions. Just 16% of respondents know what ESG means, while 49% have never heard the term before.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.