MET Power, partly owned by MOL, is providing a subordinated loan to Dunamenti, which creates a good possibility of saving nearly 100 jobs at the power station, Suez added.

MET Power is owned by MET Holding, in which MOL has a 40% stake and offshore companies 60%. Both MET companies are registered in Switzerland.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.