MOL Group Launches Freshhh 2014 Competition for University and College Students
Registration for MOL Group’s Freshhh 2014 competition opens today and concludes on April 7, 2014 at www.freshhh.net
Freshhh is an international online oil & gas industry student competition. Three-member teams compete for altogether 20,000 Euro prize.
MOL Group launches its one of a kind international competition again this year. Student groups from universities and colleges are competing not only for fun, but also for 20,000 Euros and a possible career. The competition starts today, and registrations are accepted by April 7 via www.freshhh.net.
Since 2007, MOL Group has organized one of the biggest international competitions in the oil and gas industry called Freshhh. The program aims at attracting and developing new talents within the operation of the company and making young people one of the strongest pillars of the Group. In the last seven years, 10,000 students with 3,500 teams from 250 universities in 70 countries competed within the frames of the program. Many of them are now successful employees of MOL Group all over the world.
The competition consists of three rounds where entrants have to compete in a virtual scenario through the internet by solving industrial and strategic tasks developed by MOL Group. The best 40 teams from the first round have a chance to qualify for the Strategy Simulation round where they face gas station simulation and have to make proper decisions based on careful market analysis. The third round is the live final in Budapest, where the top 5 teams compete for the main prize. The best three teams win 20,000 Euros (9,000 Euros for the winning team, 7,000 Euros for the second and 4,000 Euros for the third one) and the opportunity to join the graduate recruitment and development program of MOL Group. The performance of the teams is judged by a jury consisting of senior MOL Group managers. This year, Freshhh mostly focuses on refinery, logistics and strategy.
“Last year we had a record number of applicants, with over 2,600 students forming 887 teams from over 60 countries participating in the competition. Our aim is to beat our record this year. MOL Group’s future success lies in the hands of young people who can bring creativity, fresh ideas and new perspectives to the Group, so continuously investing resources in developing top talents is the best decision we can make,” said Zdravka Demeter Bubalo, Human Resources Vice President of MOL Group.
About the competition
Who can apply?
The Freshhh competition is designed for university and college students. All team members must be currently enrolled in university or college education. PhD students are allowed to participate in the competition as well. The tasks will focus on the oil and gas industry; therefore it is advised to have practicality oriented members in the team.
How to apply?
Teams of three are able to register at www.freshhh.net. The registration period closes at 12:00 PM GMT on 7 April 2014.
About MOL Group
MOL Group is an integrated, independent, international oil and gas company, headquartered in Budapest, Hungary. It has operations in over 40 countries and employs almost 29,000 people worldwide. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production plants in 7 countries and exploration assets in 11 countries. The Group operates four refineries and two petrochemicals plants, under integrated supply chain management, in Hungary, Slovakia and Croatia. MOL Group also owns a network of over 1,700 filling stations across 11 countries in Central & South Eastern Europe.