The Hungarian oil and gas company MOL has decided to invest more than HUF 300m into Hungary over the next three years. Half the money will be invested into hydrocarbon research. MOL will also start producing new materials in its factory in Tiszavasvári. The company’s long-term goal is to increase exports to Western Europe, while strengthening its position on the CEE market. To that end, MOL plans to renovate and modernize its existing plants around the country.
