Russian MOL stakeholder denied management rights

Posted by Energy, Latest News, Top News Thursday, November 18th, 2010

Arriving on the heels of media rumors concerning state acquisition of Hungarian oil giant MOL, a second instance court decision on Thursday said the company acted within legal boundaries, when it placed prohibition on board membership for its Russian shareholder Szurgutnyeftyegaz. MOL officials said denial was a reaction to the Russian company’s refusal to unveil [...]

Hungary to boost bilateral relations with Croatia

Posted by Energy, Latest News, Top News Wednesday, September 15th, 2010

The Hungarian administration has vowed to further boost bilateral relations with Croatia on all levels to help both countries exploit each other’s potentials to the maximum. The Hungarian Government has also promised to give maximum support for Croatia in its bid to join the European Union. The majority of Hungarians are reportedly spending their hard [...]

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