Prague Energy Exchange to Sell Hungarian Electricity Futures from Next Year
The Prague Energy Exchange (PXE) will start trading Hungarian electricity from March 1, 2009 on its futures market, PXE Exchange Chamber Chairman announced on December 15, 2008.
MOL to Lower Wholesale Diesel, Petrol Prices
Hungarian oil and gas company MOL will lower its wholesale diesel and 95-octane petrol prices by HUF 6 and HUF 8 per liter, respectively, from November 26th 2008.
ELMU, EMASZ Inaugurate HUF 2.4 Billion Power Service Station
Electricity distributors, majority-owned by Germany's RWE-EnBW, inaugurated a power service station in Gyongyos.
Columbian Inaugurates HUF 7 Billion Expansion at Carbon Black Plant in Hungary
Columbian Tiszai Carbon on November 12th 2008 inaugurated a HUF 7 billion expansion at its carbon black factory in the Hungarian city of Tiszaujvaros, North-East Hungary.
Hungary to Make 6 pct Reduction in Greenhouse-Gas Emissions by 2012
Hungary will make a 6 pct cut in the country's emissions of greenhouse gases by 2012 as compared to 1985-1987.
Croatia Suspends Talks with Mol on INA Sale
The Croatian government has suspended talks with Hungarian oil and gas company on a sale or swap of shares in Croatian peer INA, Reuters reported on October 31st 2008.
GVH Approves Russian Company TTM Acquire 51 pct of Ganz Engineering Environmental
Hungary's Competition Authority approved the acquisition of a 51 pct stake in nuclear power station equipment manufacturer Ganz Engineering Kornyezetvedelmi by a unit of Russia's state-owned Rosatom.
MOL May Cut Capital Expenditures
The Hungarian oil and gas company MOL may cut its expenditures depending on the changes in the business environment.
Construction of Waste Treatment Facility to Begin in NE Hungary
A consortium of the construction companies Vegyepszer, Ke-Viz 21 and Kozgep on October 20th 2008 laid the cornerstone for a HUF 1.7 billion (EUR 6.47 million) solid waste treatment facility at Nagyecsed (NE Hungary).
HUF 5 Billion Sewage-Treatment Facility Completed in Western Hungary
Officials inaugurated a HUF 5 billion (EUR 19.8 million) environmentally friendly sewage-treatment facility in Szombathely (W Hungary) on October 17th 2008.
