AGP Executive Report
Last update: 8 hours agoMOL’s Regional Operations: Gulf Keystone says Iraq’s first additional oil cargo has been lifted, improving its cash flow; Hungary’s MOL owns 20% of the Shaikan field. Manufacturing: Dutech has acquired Accell brands and assets, including the group’s Hungarian bicycle factory. Mondi’s earnings rebounded, but energy and wood costs remain a drag, and its restructuring includes a Hungarian plant closure. Energy: The Hungary–Serbia oil pipeline has received environmental approval, while MOL has opened a biomethane unit at its Szarvas plant. Automotive: The EU has capped Chinese hybrid imports at 350,000 a year as Chinese carmakers expand European production, raising the stakes for the region’s auto industry. Agriculture: Hungary is reusing fish-farm water to help ease drought pressure.
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