Central Europe State-owned PKN Orlen, Poland’s largest oil refiner and petrol retailer, this week agreed to sell a number of assets belonging to fellow Polish refiner...
Tag - MOL
Deals to sell assets to Saudi Aramco and MOL clear the way for PKN Orlen to formally takeover Lotos Group. State-owned PKN Orlen, Poland’s largest oil refiner and petrol...
Hungary is a gold mine of talent and early-stage start-ups with innovative ideas. A new community hub in Hungary officially opened its doors last week in Budapest...
Hungarian energy giant MOL has started production of hand and surface sanitisers to offer protection against the coronavirus. Both products have been in short supply in...
Croatia set to assume EU’s rotating presidency at a difficult time for both the country and the bloc
The first week of 2020 is set to be a busy one for Croatia. On January 1, the country assumes the rotating presidency of the Council of the European Union, while on...
Croatian oil and gas company INA, a subsidiary of Hungary’s MOL Group, has approved the 540 million-euro upgrade of its refinery in Rijeka. The upgrade will boost the...
Hungarian energy group MOL has acquired a 9.57 per cent stake in Azerbaijan’s Azeri-Chirag-Gunashli (ACG) oil field and 8.9 per cent in the Baku-Tbilisi-Ceyhan (BTC)...
Hungarian oil group MOL has signed a memorandum of understanding with Russian oil provider Lukoil regarding compensation for damages caused by the contamination of the...
Hungarian oil group MOL is investing 1.2 billion euros in a polyol plant in Tiszaújváros, eastern Hungary, becoming the only company in Hungary and the entire Central...
The Croatian government has awarded four licences for oil and gas exploration and exploitation on six blocks in its north-eastern region. “This was the largest campaign...
Czech start-up Neuron Soundware has received 5.75 million euros in investment from Enter Tomorrow Europe, a Hungarian capital fund operated by Lead Ventures and...
Ukrainian oil company Ukrtransnafta has resumed exports of Russian crude oil through the Druzhba pipeline, expecting to restore full deliveries by late May-early June...
Hungarian oil and gas company MOL delivered over 450 million euros EBITDA in the first quarter of 2019. Upstream EBITDA remained flat year-on-year in the first quarter...