Motor Oil Hellas

Group of companies Motor Oil (Hellas) Corinth Refineries S.A.
Όμιλος εταιρειών Μότορ Όιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.
S.A.
Traded as Athex: MOH
Industry Petroleum industry
Founded 1970
Founder Nikos Vardinogiannis
Vardis Vardinogiannis
Headquarters Athens, Marousi, Greece
Area served
 SE Europe, Northern Africa
Key people
 Vardis Vardinogiannis[1] (President)
Giannis Vardinogiannis (Vice President)
Petros Tzannetakis (CEO)[2]
Products Petroleum refining, petroleum and gas exploration and transportation, energy, other petrochemicals
Services Fuel gas stations, oil tankers, airplanes
Revenue Decrease €26.10 billion (2015)[3]
Increase €1.620 billion (2015)[3]
Profit Increase€1.360 billion (2015)[3]
Total assets Increase €9.920 billion (2015)[3]
Total equity Increase €5.080 billion (2015)[3]
Owner Motor Oil Holdings S.A. (57.5%)
Number of employees
 Steady 4,460 (2015)
Subsidiaries Avin Oil, Coral Gas, Shell Hellas, Cyclon Hellas[4]

Motor Oil (Hellas), Corinth Refineries S.A. (Greek: Μότορ Όιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.) is a petroleum company based in Greece focusing on petroleum refining and trading. It is a leading force in its sector in Southern Europe and the Mediterranean.

Refinery, facilities and gas stations

The company operates the second-largest refiner(Corinth Refinery) in Europe based in Corinth, Greece,and the Cairo-based oil and gas exploration and production facilities in Egypt. It also owns the Avin, Shell and Cyclon chain of fuel stations in Greece which are more than 2,000 along with a host of other gas and energy-related businesses.

Subsidiaries - affiliates

Motor Oil Hellas has numerous subsidiares such as Avin Oil S.A, Coral Gas, Coral Gas A.E.B.E.Y., OFC Aviation Fuel Services S.A., Korinthos Power S.A, Cyclon Hellas S.A, Shell & MOH Aviation Fuels A.E., Athens Airport Fuel Pipeline Company.

Ownership

Motor Oil's majority shareholder is Motor Oil Holdings S.A.(57.5%), a holding company that belongs to the Greek shipping family of Vardinogiannis, the rest of its shares are available to the public through a float on the Athens Stock Exchange and the London Stock Exchange.

References

  1. ↑ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 2015-12-31.
  2. ↑ "MOH.GR Company Profile & Executives - Motor Oil Hellas Corinth Refineries S.A. - Wall Street Journal". Quotes.wsj.com. 2014-12-31. Retrieved 2015-12-31.
  3. 1 2 3 4 5 "MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. | Revenue and Financial Reports". Hoovers.com. Retrieved 2015-12-31.
  4. ↑ http://quotes.wsj.com/GR/MOH homepage = www.moh.gr

External links

This article is issued from Wikipedia - version of the Saturday, April 23, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.