Motor Oil Hellas
 |
|
| S.A. | |
| Traded as | : |
| Industry | Petroleum & energy industry |
| Founded | 1970 |
| Founder |
Nikos Vardinogiannis Vardis Vardinogiannis |
| Headquarters | Athens, Marousi, Greece |
|
Area served
|
SE Europe, Northern Africa |
|
Key people
|
Vardis Vardinogiannis(President) Giannis Vardinogiannis (V. President) Petros Tzannetakis (CEO) |
| Products | Petroleum refining and transportation in Greece and abroad, energy, other petrochemicals |
| Services | Fuel gas stations, oil tankers, planes |
| Revenue |
 €26.1 billion (2015)
|
 €1.62 billion (2015)
|
|
| Profit |
€1.36 billion (2015)
|
| Total assets |
€9.92 billion (2015)
|
| Total equity |
€5.08 billion (2015)
|
| Owner |
Motor Oil Holdings S.A. (57.75%) Doson Investments Company (8.78%) |
|
Number of employees
|
approx 15,000 (2015) |
| Subsidiaries | Avin Oil, Cyclon Hellas |
| Website | www |
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.
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.
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.
Motor Oil's majority shareholder is Motor Oil Holdings S.A.(57.75%), a holding company that belongs to the prominent Greek family of Vardinogiannis, the rest of its shares are available to the public through a float on the and the .
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Wikipedia