MOTOR OIL

Motor Oil Group is a leader in the energy sector - in Greece and in the wider Eastern Mediterranean region... Developing its strategy for the Energy of the future at a steady pace, Motor Oil Group entered into a Sale-Purchase Agreement for the acquisition of all the shares of the company "ELIN VERD SA - SUSTAINABLE PRODUCTS AND SERVICES". Following the acquisition of VERD, Motor Oil Group is paving the way in investing and operating in renewable and alternative fuels sector and circular economy through the utilization of bio-based products, and waste products to produce energy and new, more environmentally friendly fuels... In the context of energy transition, Motor Oil Group is constantly investing in circular economy and renewable and alternative fuels that will ensure a sustainable future. In the last two years significant investments have been made in these two areas. Indicatively, the joint venture with PPC to produce green hydrogen, the construction, in cooperation with GEK..

Registration numbers: 1482/06/Β/86/26 (W)

Primary location: Greece