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Article: Hungarian press review 11/09/2008 - Companies & Business.
- Article from:
- Hungary Business News
- Article date:
- September 11, 2008
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Hungarian press review 11/09/2008 - Companies & Business
BUDAPEST. SEPTEMBER 11. INTERFAX CENTRAL EUROPE - ENERGY: Austria's OMV Claims Takeover Efforts of Hungary's MOL to Continue - The efforts of Austrian oil and gas major OMV to merge with Hungarian peer MOL are likely to continue, OMV CEO Wolfgang Ruttenstorfer said. Although the company revoked its HUF 32,000-per-share bid for MOL's papers, OMV still has other options as it is a shareholder of the Hungarian firm, he said, adding that the consolidation of the CEE region's energy market is set to continue. [Vilaggazdasag, Napi Gazdasag]
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