
A Memorandum of Understanding (MoU) was signed today, June 7, between the Motor Oil Group and Microsoft Hellas, to further enhance the Group’s digital footprint.
According to the announcement, with this new strategic agreement, Microsoft and Motor Oil will work together on the basis of the digital transformation of the Motor Oil Group, enhancing business efficiency, providing new personalized customer-centric services and achieving digital growth.
MoU goal
The aim of the cooperation is to strengthen and enrich the digital solutions of the Motor Oil Group in four main areas of interest: Sustainability and Innovation, Digital Work Environment and Functions, Cybersecurity, and Data Center Modernization.
At the same time, the Group continues to implement its ambitious strategic plan with an emphasis on continuously enhancing the refinery’s efficiency, solutions for environmentally friendly transportation, electricity, gas and renewable energy sources. With a vision to lead the energy transition, the Motor Oil Group is evolving and utilizing cutting-edge technologies to implement its strategic goals and invest in new projects and new forms of energy, sustainable, responsible and innovative. The aim is also to create a Center of Excellence (CoE) for the further development of human resources, the development of skills and the creation of an innovation center.

The next digital chapter of the group
Mr. Nikos Giannakakis, General Manager of Informatics of the Motor Oil Group, in the context of the signing of the Agreement, stated: “The cooperation of the Motor Oil Group with Microsoft will significantly contribute to the next digital chapter of the Group. In interoperability, daily operation, security, data storage and utilization, systems modernization. We consistently and visually formulate a Synergy with Microsoft by exploring and utilizing technologies, but also sustainability commitments in the Motor Oil Group’s journey towards the Future of Energy and Innovation. As we have been doing for 50 years, we are still at the forefront of the avant-garde. ”
Cutting Edge Technology
Mrs. Nadin Karali, Commercial Director of Corporate Customers and Small and Medium Enterprises of Microsoft Greece, Cyprus and Malta said: “We are proud of the start and optimistic about the prospect of this strategic agreement. Through this, Microsoft comes to support with advanced technology the digital transformation of the Motor Oil Group and to strengthen its effort to lead the energy transition. It is important that, within the framework of the Agreement, the utilization of the technology and the cloud infrastructures that we develop and have is made in order to ensure a greener and more sustainable future in the critical energy sector, through a cooperation that will have multiplier benefits for the Motor Group. Oil, consumers and the environment. “


Latest News

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.

National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.

Int’l Tender for Port of Volos Cancelled
Highest bidder was Thessaloniki Port Authority, with an offer of 51 million euros

E-Transactions in Greece Up 10.7% in 2024, YOY
Mandatory installation of POS machines at practically all businesses, and by self-employed professionals takes a 'bite' out of tax evasion; 614% increase in declared revenue by carwashes

Greek-Egyptian Energy MoU Signed in Cairo at EGYPES 2025
The signing of the MoU aims to advance the two countries’ cooperation concerning Carbon capture and storage (CCS)

New Ukraine Summit in Paris Wednesday; Greek PM to Participate
Prime Minister Kyriakos Mitsotakis, addressing a European People’s Party (EPP) emergency teleconference Tuesday morning, emphasized the need for Europe to speak with one voice on defense matters.

As Greece Boosts Tax Revenue, Will Citizens See Lower Rates?
Despite innovative technologies boosting Greece's tax revenues, tax rates remain unchanged, and citizens continue to bear the burden

Greece-wide Strikes Scheduled for February 18, 19
Greece's public sector and taxi labor unions will be participating in strikes, for varied reasons, on Tuesday and Wednesday.

Experts: Earth Deformation in Santorini, Vigilance for Volcanic Activity
Inside the Santorini Caldera, seismic activity has remained stable, but an increase in ground deformation across the wider Santorini region has prompted further monitoring

PM launches political counter-offensive amidst popular unrest, charges of Tempe cover-up
Prime Minister Kyriakos Mitsotakis has launched a political counter-attack against opposition parties that have lodged charges of a government cover up of the causes of the crash