New car sharing service launched in Budapest

29
Jan
2018
News - New car sharing service launched in Budapest #Budapest #car #electric #investment #mobility #Mol

by Import Sys | Investment

Mol unveiled its new car sharing service Mol Limo in Budapest which operates a fully electric fleet. 300 Volkswagen up! cars are available for rent at a pay-per-minute basis.


”Mobility represents an important direction in Mol Group’s 2030 strategy. We aim to transform our retail operations by tapping into growing areas of consumer demand and take part in the reinvention of transportation in CEE. We want to be the first choice of customers and provide them all the products and services they need on the road and make their journey as convenient as possible. Offering car sharing services, which will play a crucial role in the transportation mix of big cities, fits into this strategy perfectly.” – said Peter Ratatics, COO, Consumer Services at Mol Group.
 
Mol Limo provides a flexible solution, which allows users to leave their car at the destination of their choice, and works hand-in-hand with public transport or even with bike sharing. Through its car and bike sharing schemes, the latter was launched three years ago, Mol is the leading provider of mobility solutions for city dwellers of the Hungarian capital.
 
Mol’s long-term goal is to extend the network in Budapest and beyond and eventually operate a fully electric fleet, in line with the development of EV infrastructure in Hungary and the CEE region. Changes in consumer patterns such as the decreasing importance of car ownership along with increasing environmental consciousness are expected to result in increasing demand for car sharing services, which can significantly improve air quality and traffic congestion in big cities.
 
Photo: MTI / Máthé Zoltán



Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


Latest news

News - Resi Capital by Cavatina kicks off resi tower construction in Warsaw
08
Apr
2026

Resi Capital by Cavatina kicks off resi tower construction in Warsaw

by Property Forum
Resi Capital by Cavatina has laid the cornerstone for Liberty Tower, a 43-storey residential tower at Grzybowska 54 in Warsaw. The developer sold 60 apartments on the highest floors before opening its sales office in February.
Read more >
News - Foster + Partners brings first Romanian exhibition to Iași
08
Apr
2026

Foster + Partners brings first Romanian exhibition to Iași

by Property Forum
The Iulius Foundation has inaugurated Future Proof, the first exhibition in Romania showcasing the work of Foster + Partners, the architecture studio founded by Norman Foster.
Read more >
News - Panattoni secures financing for BTS project in Łódź
08
Apr
2026

Panattoni secures financing for BTS project in Łódź

by Property Forum
Panattoni has secured €22.5 million financing from Bank Pekao for a build-to-suit project in Łódź for Zrew Transformatory. The funds will be used to build a power transformer manufacturing plant.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy