The Greek Deal.com
MOTOR OIL
Completion of the acquisition of Helector - Revenue and profitability prospects
Following the Competition Commission's approval, Motor Oil announced the acquisition of Helector yesterday, signaling the beginning of a new chapter that will position the group as a leader in the circular economy in Southeast Europe.
Developing the first offshore wind farm in Greece
Motor Oil and Τerna Energy Groups are jointly developing the first offshore wind farm (OWP) in Greece.
Green light from the Ministry of Environment for the new FSRU in Corinth
The Ministry of Environment and Energy has granted a five-year installation permit to the GAS Pipeline for the Independent Natural Gas System (ASNG) in Agioi Theodoroi, Corinthia.
Deal will be concluded tomorrow
The deal for the acquisition of Elektor by Manetial Limited, a subsidiary of Motor Oil, will be concluded tomorrow.
The first hydrogen filling station within 2025
Within 2025, Motor Oil's Head of Corporate Development, George Goumas, has set the date for the first hydrogen filling station available to end consumers.
Shipowner and Motor Oil founder dies age 91
Shipowner Vardis Vardinoyannis, head of the Vardinoyannis Group and one of the most powerful players in the Greek economy, has died at the age of 91.
Fully insured for fire damage
It is recalled that on Tuesday afternoon a fire broke out at Motor Oil's facilities in Agioi Theodoroi, Corinthia, and the incident slightly injured 3 employees, who are all in good health.
Fire at its premises - Slightly improved situation
An alarm for a large fire at the refineries of motor oil in Agioi Theodoroi was raised on Tuesday afternoon at the Fire Brigade.
Proceeds with the acquisition of Helector from Ellaktor
The Motor Oil Hellas group is proceeding with the completion of the acquisition of Helector from Εllaktor.
Green hydrogen at the Corinth and Amyndeon refineries
The Motor Oil Group's plan for developing the new fuel includes, among other things, two green hydrogen production units at the refineries in Corinth and Amyndeon.
Bid of €114,7 million for Ηelector
In an announcement, Motor Oil stated that it is in talks with Ellaktor to purchase all of Helector's shares, which equates to 94.44% of the business's share capital and voting rights.