R&D - Innovation

MOL Sets up Geothermal Energy Company With International Partners

Hungarian oil and gas company has set up a geothermic energy producing company with Icelandic company Enex and Australian company Green Rock Energy International, MOL announced on the website of the Budapest Stock Exchange on July 30th 2008. The joint venture, CEGE Central European Geothermal Energy Production Private Company will have even shares held by the three founders.

Hungarian Television Starts Test Digital Broadcasts

Hungarian Public Television started test digital broadcasts on one of its channels, M2, on August 1st 2008, becoming the first television company in Hungary to start using the technology.

Synergon Wins EUR 2 m Contract from MFB

T company Synergon on Friday, August 1st 2008 announced it had won in a tender a contract worth almost HUF 500 million (EUR 2 million) to update and develop the Hungarian Development Bank's SAP system over three years.Synergon will involve SAP Hungary as a subcontractor in the project.

News Monitoring