The Hungarian privatization agency has announced that the stake of 13.3 million shares in oil concern MOL owned by the Hungary's State Treasury, will be sold through listing it on the Budapest Stock Exchange
Published:
22 February 2004 y., Sunday
The Hungarian privatization agency has announced that the stake of 13.3 million shares in oil concern MOL owned by the Hungary's State Treasury, will be sold through listing it on the Budapest Stock Exchange, and will not be used for a stake swap with the domestic PKN Orlen, as it was earlier anticipated in an attempt to merge the two companies.
The falling value of the złoty against the euro led to a loss of zł.2.5 million recorded by Carlsberg's Okocim instead of an anticipated net profit of zł.19 million. Despite these results, the company has enjoyed an increase in beer sales last year by 8.7%, selling 3.839 million hectares of the beverage.
Bydgoszcz-based PBH, owner of the Quiosque brand name, announced plans to increase the number of its outlets this year from the current 15 to 35 at a cost of zł. 14 million. The investment will be financed from own funds and bank loans.
Šaltinis:
Puls Biznesu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Commission sets out first finance proposals for Copenhagen pact on climate change.
more »
The World Bank today approved a US$39.5 million loan for the Rio de Janeiro Sustainable Rural Development Project in southeastern Brazil.
more »
The World Bank Board of Executive Directors approved today an additional US$7.8 million for the Colombia Peace and Development Project.
more »
In 2008, the total number of non-cash payments, using all types of instruments, increased by 5% to 78 billion in the EU.
more »
Current economic indicators seem to show a cautious recovery in some of the biggest European economies, such as Germany and France.
more »
Launch Early Operation Phase (LEOP) has been successfully completed and the Palapa-D communications satellite is now in the nominal geostationary orbit (GEO).
more »
The Supervisory Council of AB DnB NORD Bankas on 8 September 2009 elected Šarūnas Nedzinskas as a member of the bank‘s Management Board.
more »
In the last few months farmers across Europe have taken their tractors to the streets to protest at what is being termed the biggest milk crisis for decades.
more »
Mobile telecoms companies have pledged to support the EU’s campaign to equip new cars with a device that would automatically call for help in the event of an accident.
more »
Nordic and Baltic countries aim to strengthen cooperation of business and industry stakeholders.
more »