Motor Oil Hellas

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Motor Oil (Hellas) Corinth Refineries S.A.
Μότορ Όιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.
Type Anonymi Etairia
Traded as Athex: MOH
Industry Petroleum industry
Founded 1967
Headquarters Maroussi, Greece
Area served Europe, Africa, South America
Key people Vardis Vardinoyannis (Chairman)
Giannis Vardinogiannis (Vice President)
Petros Tzannetakis (CEO)
Products Petroleum refining,gas exploration,energy
Services Fuel gas stations
Revenue Increase 26.184 billion (end 2013)[1]
Operating income Increase €1.645 billion (end 2013)[1]
Profit Increase €1.311 billion (end 2013)[1]
Total assets Increase €12.394 billion (end 2013)[1]
Total equity Increase €4.501 billion (end 2013)[1]
Employees Steady 5.860 (end 2013).[1]
Subsidiaries (Vegas Oil and Gas)
(Avin International S.A.)
( Avin Oil)
(Shell Hellas)
(Shell Egypt)
(Coral A.E.)
(Coral Gas)
(O.F.C Plane Refueling)
(M.M. Gas)
(Korinthos Power)
(Cyclon Hellas)

Motor Oil (Hellas), Corinth Refineries S.A. (Greek: Μότορ Όιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.) is a leading oil company based in Greece focusing on petroleum refining. The company operates the second-largest refiner in Europe. Headquartered in the Athens suburb of Maroussi with assets in the United Kingdom, USA, Iran, Russia, Egypt, Saudi Arabia etc., the firm operates the Corinth Refinery in Corinth and the Cairo Refinery based in Egypt. It also owns the Avin, Shell and Cyclon chain of fuel stations in Greece and Egypt. The company' s largest subsidiary is the Avin International S.A. Group which possesses a fleet of 28 oil tankers and 6 containers.

Motor Oil's majority shareholder is Motor Oil Holdings S.A.(51.9%), a holding company of the billionaire Vardinogiannis family.


  1. ^ a b c d e f "Annual Report 2010". Motor Oil Hellas. Retrieved 5 May 2011. 

External links[edit]