The transition is expected to be completed by March 30, 2026.
MOL announced the plan a month earlier because of changes to the group’s environment, regulatory impacts, business size and complexity.
Clearly defining the activities, responsibilities, and tasks of the holding company and the operating companies will make operations more transparent, while supporting efficiency, enabling a properly paced green transition, and facilitating the implementation of the Shape Tomorrow strategy, MOL said at the time.
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