Govt says not planning to sell MOL stake
"We have not bought MOL shares in order to sell them," the Prime Minister's Spokesman Péter Szijjártó commented on Hungary's future plans with a recently repurchased stake in energy group MOL in an interview with business weekly HVG, reports Portfolio.hu.
The statement comes as a surprise considering the fact that State Secretary Mihály Varga claimed the exact opposite only a few weeks ago.
Szijjártó said the government is aiming to give the national economy a boost and believes it is right for the state to be a shareholder in an oil company which enjoys a strong position throughout the region.
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.