The European Commission has approved the acquisition of Eni Ceska Republika s.r.o., Eni Romania S.R.L. and Eni Slovensko spol. s.r.o. by Hungarian oil group MOL.

In May this year, MOL announced its intention to buy Eni’s 208 filling stations in Romania, the Czech Republic and Slovakia. The European Commission has concluded the transaction doesn’t raise any competition problems because the merged units will continue to face competition pressure from both big and small players on the European market.

The 42 Agip stations in Romania will be re-branded as MOL stations, bringing the total number of filling stations MOL has in Romania to 189.

Irina Popescu, irina.popescu@romania-insider.com