Something still missing in Hungary

Recently I saw an article in Heti Válasz (a Hungarian weekly newspaper). It was an interview with Zsolt HERNÁDI, the managing director of MOL (the “number one” undertaking in Hungary see: Figyelő Top 200). What catched my eyes was the following from the interview (translated by me): “On the other hand the OMV [the nr. 1 Austrian oil company] can not be regarded as a market player. On the one hand beacuse it is not operating according to market rules, on the other hand beacuse two of its owners have a determinant influance with a voting agreement between themselves on the top of it.”

Interesting… I’m pretty sure the battle between the two companies will go on on the market.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: