Hungary's MOL Second Largest Company In Region
- 8 Nov 2012 8:00 AM
MOL was ranked number two with revenues of €17.1 billion in 2011, behind Polish sector peer PKN Orlen with €24.1 billion. Audi Hungaria, ranked 11th, was the only other Hungarian company to make it to the top 20, with revenues of €4.7 billion.
Profitability of Hungarian companies in the list fell 215% compared to 2010, Péter Szilágyi, senior analyst at Coface Hungary said. In terms of profitability, GE Hungary ranked first with €286 million in profit, followed by Audi with €237 million and MOL with €185 million.
Polish companies dominated the survey. (N p.10; trademagazin.hu)
Source: Hungary Around the Clock
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