MOL buildings may be repurposed after move to new HQ

Museums

Oil and gas company MOL is in talks with Budapest University of Technology and Economics (BME) on repurposing its main offices for the universityʼs use after it moves to its new headquarters under construction in the south of the capital, Chairman-CEO Zsolt Hernádi said on Wednesday, state news wire MTI reported.

A visualization of the planned new MOL HQ

Speaking at a press conference with Minister for Innovation and Technology László Palkovics, Budapest Mayor István Tarlós and BME Chancellor Attila Kotán, Hernádi said the talks have the blessing of both the government and the municipal council.

The talks concern MOLʼs HQ and two other buildings in the capitalʼs District 11 with combined office space of almost 40,000 square meters, he added.

Kotán said being able to use the MOL HQ could give BME more dormitory space, as well as allowing it to use some of its other buildings for R&D and to foster startups.

MOLʼs new HQ, dubbed MOL Campus, could be completed by 2022.

Hernádi noted that a strategic agreement signed by MOL and BME in January on better matching the companyʼs needs to opportunities at the university would be expanded to allow joint applications for R&D projects.

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti... Figures

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

AI may Save Hungarian Healthcare, Says Leading Doctor Science

AI may Save Hungarian Healthcare, Says Leading Doctor

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.