MOL Announces Massive Investments in Hungary

EnergyOil & Gas ♦ Published: September 25, 2012; 18:33 ♦ (Vindobona)

The Hungarian oil group plans to make investments of € 1.1bn in the next three years.

MOL Announces Massive Investments in Hungary / Picture: © MOL

In the next three years, MOL Group plans investments of HUF 300bn in Hungary. This corresponds to € 1.1bn or 1% of Hungary´s GDP. According to the company, the efficiency should be improved. Investments are planned in the exploration segment, the refining segment, the trading segment and the marketing segment. About 10% of the sum will be invested in the construction of an industrial…

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