In 2018, 27% of the Hungarian oil group’s profit came from consumer services, Peter Ratatics, Mol’s operations manager for Serbia, Slovenia, Hungary and Romania, told Ziarul Financiar in an interview.
“Although on the consumer services segments fuel remains the main contributor to our EBITDA, accounting for 73% of our total gross margin, we expect the non-fuel segment to grow to 30% of our gross margin in 2021 (compared with 27% in 2018). Fresh Corner plays a pivotal role and we are focusing on growing our own brand that includes coffee, freshly made meals and daily groceries,” he said.
The Fresh Corner concept was implemented in 39% of Mol group’s filing stations at the end of 2018 and the rate is set to reach 100% in Romania by the end of this year.
Ratatics added the group expects 64% of its filling stations will include Fresh Corner coffee shops in 2021.
Mol operates 1,909 filling stations in nine countries, of which 463 in Hungary, 54 in Slovenia and 63 in Serbia. In Romania, Mol has 227 filling stations, of which 17 are franchised. Mol Romania had a turnover of RON6.7 billion in 2018.