Motor Oil
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Information
Motor Oil Group is a leader in the energy sector, supporting the economy with exports to over 75 countries, thousands of employees, and continuous new investments.
Τhe Group’s Refinery located in Ag. Theodoroi in Corinth is the largest purely private industrial complex in Greece and is considered one of the most modern refineries in Europe.
Motor Oil has a significant presence in trade due to the liquid fuel retail networks of its subsidiaries AVIN OIL and Coral. In the lubricants sector, the Group is represented by its subsidiary, LPC S.A. The Group enjoys a presence in the liquefied gas sector through Coral Gas S.A. Additionally, the Group has a presence in the power market thought its subsidiary NRG TRADING HOUSE ENERGY S.A. The Group continues to invest in E-mobility via incharge, developing strategic partnerships and continuously equipping its gas stations with charging points.
The subsidiary MORE is growing dynamically. It is noted that MORE will have a portfolio of projects in various stages of development with a capacity of more than 2.2 GW. In the context of energy transition, Motor Oil Group is constantly investing in circular economy and renewable and alternative fuels. Indicatively, the acquisition of Verd, the joint venture with PPC to produce green hydrogen, the construction of the Combined Cycle Gas Turbine (CCGT) power plant fueled with natural gas in Komotini. To this direction the Group acquired 100% of Thalis E.S., one of the most dynamic representatives in the circular economy sector in Greece.