Hungarian oil company plays woeful tune
Mol Group, which applied for permission to prospect for North Sea oil, slid by 9 percent in EBITDA last year. The Hungarian oil and gas company extracted more than expected, but challenging macroeconomic conditions tipped the balance to the firm's disfavor.
If Mol Group's latest annual financial report were a piece of music, it would have been composed in a sombre minor key to be played in adagio tempo.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Norwegian oil boss denies being Scandinavia's villain
For subscribers
