Motor Oil Hellas

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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 1970
Headquarters Maroussi, Greece
Key people Vardis Vardinoyannis (Executive chairman and managing director)
Products Petroleum refining and marketing
Services Fuel stations
Revenue 6.184 billion (2010)[1]
Operating income €163.5 million (2010)[1]
Profit €131.0 million (2010)[1]
Total assets €2.394 billion (end 2010)[1]
Total equity €427.2 million (end 2010)[1]
Employees 1,860 (end 2010)[1]

Motor Oil (Hellas), Corinth Refineries S.A. (Greek: Μότορ Όιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.) is a company based in Greece focusing on petroleum refining. The company is the second-largest refiner in the country behind Hellenic Petroleum.[2] Headquartered in the Athens suburb of Maroussi, the firm operates the Corinth Refinery in Corinth. It also owns the Avin chain of fuel stations.

Motor Oil's majority shareholder is Motor Oil Holdings S.A., a holding company of the Vardinogiannis family.


  1. ^ a b c d e f "Annual Report 2010". Motor Oil Hellas. Retrieved 5 May 2011. 
  2. ^ Melander, Ingrid; Koutantou, Angeliki; Papachristou, Harry (27 May 2009). "Motor Oil Q1 net falls 49.9 pct on refining margins". Reuters. Retrieved 2009-11-09. 

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