Slovnaft
| Public | |
| Industry | Oil and gas industry |
| Founded | 1949 |
| Headquarters | Bratislava, Slovakia |
Key people | Oszkár Világi (CEO) |
| Products |
petrol Diesel fuel |
| Services | Filling stations |
Number of employees | ~3,700 |
| Parent | MOL Group |
| Website |
www |
Slovnaft is an oil refining company in Slovakia. The company, located in Bratislava, is a subsidiary of MOL Group.[1]
History
Slovnaft is the successor of the Apollo company, which was established in 1895 in Bratislava and whose refinery was bombarded by the Allies in June 1944. It was located near today's Apollo Bridge. The Slovnaft refinery started to be built in 1949.
On 1 May 1992, Slovnaft was reorganized as a joint-stock company, as successor to a state enterprise formed by the Czechoslovak Republic government on 1 January 1949.
In 1995, it bought its domestic competitor Benzinol.[2]
Since 2000, Slovnaft has been affiliated with the MOL Group.[3]
Operations
Refining
Slovnaft refines 5.5 to 6 million tonnes of crude oil per annum and produces a broad range of motor fuels, fuel oils and petrochemical products. After intensive modernisation, the refinery is noted today for its high rate of conversion and flexibility, and nowadays it is one of the three most modern and complex refineries in Europe. Slovnaft is the domestic market leader in motor fuels, and supplies its customers with high-quality products which meet the most stringent European standards. The company has an important position in the markets of neighbouring countries, too.
Petrochemicals
Slovnaft Petrochemicals, s.r.o., represents the Petrochemicals Division of Slovnaft Group. It produces polymers of high quality which are base materials with a broad range of uses. The geographical position of the company gives it an important advantage when penetrating the quickly-growing polymer markets of Central Europe.
Fuel retail
Slovnaft operates 208 filling stations across the Slovak Republic and offers customers motor fuels of high quality and a broad range of other goods, as well as additional useful services through this retail network.
Power generation
CM European Power Slovakia, s.r.o., a Slovnaft Subsidiary, produces electricity, heat, and power.
Sponsorship
Slovnaft is a sponsor of the senior league competition since 2007. The largest ice hockey arena in Bratislava is named Slovnaft Arena. It is the main partner of the Slovak Cup, now named Slovnaft Cup.
See also
- Transpetrol AS, Slovak oil pipeline company, operator of the Slovak section of the Druzhba pipeline
References
- ↑ Jancarikova, Tatiana (2016-11-15). "Slovnaft to invest $500 million by 2020 to upgrade petrochemical unit". Reuters. Retrieved 2016-11-27.
- ↑ Borish, Michael S.; Noël, Michel (1996). Private Sector Development During Transition: The Visegrad Countries, Parts 63–318. World Bank discussion papers. 318. World Bank Publications. pp. 53–54. ISBN 9780821335697.
- ↑ Meyer, K.; Estrin, S. (2006). Acquisition Strategies in European Emerging Markets. Springer. p. 194. ISBN 9780230286542.