84 result(s) for shareholder
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
Xpat Opinion: Hungary’s Utility Price Regulation: ‘Strong But Not Uncommon’
- 31 Oct 2013 8:00 AM
- current affairs
The government of Hungary has introduced price cuts in utility costs, and we had an interesting reaction last week from a major player in the energy market. "What you see in Hungary, the regulatory impact on the market … it is very strong but is not uncommon. Everywhere in Europe the state intervenes in tariffs, in the way a business is structured," said Willem Coppoolse, head of illiquid gas ...
Hungary's PM Attends Foundation Of New MOL Plant
- 16 Oct 2013 9:00 AM
- business
Prime Minister Viktor Orbán gave a speech at the foundation stone laying ceremony of MOL’s new, 30 billion forint butadiene extraction plant. Tisza Chemical Group (TVK), a member of the MOL Group, will build the 130 thousand ton capacity plant, which is one of the largest industrial investment projects in Northern Hungary, in Tiszaújváros. MOL CEO Zsolt Hernádi also participated at the event, ...
Hungarian Government's Press Release: Regarding MOL Situation
- 3 Oct 2013 9:00 AM
- current affairs
The Hungarian Government, as the largest owner of Croatia’s most significant foreign investor, MOL, reviewed at its cabinet meeting the situation that has evolved in relation to the company’s Croatian investments. According to the contract between the State of Croatia and MOL, the company has fulfilled its responsibilities in full and in the past years has invested nearly EUR 3 billion. In ...
Servier Announces Egis Share Buy-Up In Hungary
- 25 Sep 2013 9:00 AM
- business
France’s Servier pharmaceutical group, the majority owner of Egis, yesterday announced a public offer for all outstanding shares in the Hungarian drugmaker. Servier will pay Ft 28,000 for all of the 49.1% of Egis shares that it does not already own.
Hungary's OTP Head Csányi To Negotiate With Croatia On INA
- 6 Aug 2013 9:00 AM
- business
OTP Bank chairman and CEO Sándor Csányi, a deputy chairman of MOL, will lead a Hungarian delegation to negotiate with the Croatian government on the future of MOL subsidiary INA, Croatian media reported. The Croatian cabinet announced its intention last week to enter into talks with MOL.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
Xpat Opinion: Hungary’s Utility Price Regulation: ‘Strong But Not Uncommon’
- 31 Oct 2013 8:00 AM
- current affairs
The government of Hungary has introduced price cuts in utility costs, and we had an interesting reaction last week from a major player in the energy market. "What you see in Hungary, the regulatory impact on the market … it is very strong but is not uncommon. Everywhere in Europe the state intervenes in tariffs, in the way a business is structured," said Willem Coppoolse, head of illiquid gas ...
Hungary's PM Attends Foundation Of New MOL Plant
- 16 Oct 2013 9:00 AM
- business
Prime Minister Viktor Orbán gave a speech at the foundation stone laying ceremony of MOL’s new, 30 billion forint butadiene extraction plant. Tisza Chemical Group (TVK), a member of the MOL Group, will build the 130 thousand ton capacity plant, which is one of the largest industrial investment projects in Northern Hungary, in Tiszaújváros. MOL CEO Zsolt Hernádi also participated at the event, ...
Hungarian Government's Press Release: Regarding MOL Situation
- 3 Oct 2013 9:00 AM
- current affairs
The Hungarian Government, as the largest owner of Croatia’s most significant foreign investor, MOL, reviewed at its cabinet meeting the situation that has evolved in relation to the company’s Croatian investments. According to the contract between the State of Croatia and MOL, the company has fulfilled its responsibilities in full and in the past years has invested nearly EUR 3 billion. In ...
Servier Announces Egis Share Buy-Up In Hungary
- 25 Sep 2013 9:00 AM
- business
France’s Servier pharmaceutical group, the majority owner of Egis, yesterday announced a public offer for all outstanding shares in the Hungarian drugmaker. Servier will pay Ft 28,000 for all of the 49.1% of Egis shares that it does not already own.
Hungary's OTP Head Csányi To Negotiate With Croatia On INA
- 6 Aug 2013 9:00 AM
- business
OTP Bank chairman and CEO Sándor Csányi, a deputy chairman of MOL, will lead a Hungarian delegation to negotiate with the Croatian government on the future of MOL subsidiary INA, Croatian media reported. The Croatian cabinet announced its intention last week to enter into talks with MOL.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.