Hungary Inc. likely to post healthy profits

Article Abstract:

Analysts predict that publicly-traded firms in Hungary will post a 40% increase in earnings for the 1998 year. The analysts believe that Hungarian firms will post higher earnings than companies in Poland and the Czech Republic. During the third-quarter of 1998, Hungary passed Poland as the fastest-growing, major Central European economy. In the quarter, Hungary's gross domestic product increased by 5.6%.

Comment:

Hungary: Analysts predict that publicly-traded firms in Hungary will post a 40% increase in earnings for the 1998

Sales, profits & dividends, Corporations, Abstract

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Hungary's MOL goes for rapid change: oil firm looks for mergers in regional push

Article Abstract:

MOL Hungarian Oil & Gas PLC's management has been very active since a Feb 1999 board shake-up, but that activity may not be generating investor support. The company's moves include revamping its organizational structure and opening merger talks with Croatia's Industrija Nafte DD, but in the month prior to Oct 15, 1999, MOL's share price fell almost 15%.

Strategy & planning, Petroleum, Petroleum and Coal Products Manufacturing, Financial analysis, Statistical Data Included, Management, Petroleum industry, Company Profile

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MOL, INA to sign pact for a new gas pipeline

Article Abstract:

Hungary-based oil and gas company MOL and Croatia-based INA-Industrija Nafte d.d. will sign an agreement soon to build a new natural gas pipeline that will connect the two countries' intrastructure networks and substantially cut the price INA pays to ship Russian gas.

Pipeline Construction, Water, Sewer, and Pipeline Construction, Contracts & orders received, Croatia, Construction industry, Contracts, INA-Industrijanafte

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