Announcement

ZAGREB, November 8 - The Management Board of INA – Industrija nafte, d.d. at its session held on November 8, 2011 appointed Mr. Artur Thernesz to the position of Executive director for Refining and Marketing. Mr. Thernesz will take over the duties from the present Executive Director for Refining and Marketing Mr. Peter Chmurčiak as of January 1, 2012 the latest.  

Mr. Artur Thernesz is an internationally acknowledged chemical engineer and manager. He has been working in the downstream of the oil industry for more than 20 years. Thernesz has gained experience in the American company Exxon. He used to work in Hamburg, Germany where he was in charge of Retail planning for ESSO Central Europe cluster covering Germany, Switzerland, Austria and other East-European countries. He actively contributed to the merger of local EXXON and Mobil companies. After joining MOL organization upon invitation in 2005 Thernesz established and has been leading the co-located Asset-, Product- and Renewables Development activities in the Downstream Division. Thernesz has been a main contributor to identifying and pursuing major investment programs in MOL Group. 

He completed the EU-5 fuels program in Hungary, initiated the timely introduction of renewable fuels portfolio in all MOL markets, led the Modernization Program of IES refinery in Italy and contributed to forming the Power Generation segment in MOL. 
Throughout his managerial career with MOL, he pro-actively promoted young talents development. While taking a key role in MOL’s “Growww” and “Fresshh” programs, with his colleagues he established MOL’s MSc Course in Hydrocarbon Industries providing business-oriented young engineering graduates for the international MOL Group. Mr Artur Thernesz speaks 4 languages.