Slovnaft

Source: Wikipedia, the free encyclopedia.
Slovnaft a.s.
Websitewww.slovnaft.sk
Slovnaft with bridges
New polypropylene plant PP3

Slovnaft is an

MOL Group.[1]

History

Slovnaft is the successor of the Apollo company. Apollo was established in 1895 in

Apollo Bridge
built over Danube is in proximity to the Apollo refinery historical site. 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.

Acquisition of Benzinol, its domestic competitor, took place in 1995.[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.

Petrochemicals

Slovnaft Petrochemicals, s.r.o., represents the Petrochemicals Division of Slovnaft Group. It produces polymers which are base materials with a broad range of uses.

Fuel retail

Slovnaft operates 208 filling stations across the Slovak Republic and offers motor fuels and a broad range of other goods, as well as additional 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

References

  1. ^ Jancarikova, Tatiana (2016-11-15). "Slovnaft to invest $500 million by 2020 to upgrade petrochemical unit". Reuters. Retrieved 2016-11-27.
  2. ^ Borish, Michael S.; Noël, Michel (1996). Private Sector Development During Transition: The Visegrad Countries, Parts 63–318. World Bank discussion papers. Vol. 318. .
  3. ^ Meyer, K.; Estrin, S. (2006). Acquisition Strategies in European Emerging Markets. .