MOL must boost efficiency of Croatia refineries, says supervisory board chairman

Deals

Hungarian oil and gas company MOL must boost the efficiency of its refineries in Croatia to bring them up to the level of the ones in Hungary and Slovakia over the next five years, MOL supervisory board chairman György Mosonyi said at a presentation at the Pannon University in Veszprém (NW Hungary) on Wednesday.

This will be a serious task requiring a lot of capital in the coming two years, Mosonyi said. MOL's refineries in Hungary and Slovakia are among the most efficient in Europe, he added.

MOL has five refineries: one in Hungary, one in Slovakia, two in Croatia and one in Italy. They have combined annual capacity of 25m tons.

ADVERTISEMENT

Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.