HUNGARY

Sanofi-Aventis Signs Deal with ThalesNano
ThalesNano Inc. (Budapest), a developer of micro-scale flow instruments for chemistry, says it has signed an R&D agreement with Sanofi-Aventis (Paris) that will focus on continuous process chemistry technologies to reduce drug realization time. The...

MOL Continues to Resist Approaches from OMV
MOL (Budapest) says its board has rejected certain proposals made by OMV (Vienna) for MOL’s annual meeting, which is due to take place on April 23. OMV is MOL’s biggest shareholder with a stake of 20.2% and last year launched a takeover bid for...

BorsodChem Speeds MDI Expansion Plans
BorsodChem (Kazincbarcika, Hungary) says it has made “significant advances” in developing methylene di-para-phenylene isocyanate (MDI) manufacturing technologies under an inhouse R&D program, and that the company is ready to start...

OMV Makes Hostile Offer to Acquire MOL
OMV (Vienna) has made a hostile takeover proposal to acquire energy and petrochemicals company MOL (Budapest). OMV made a preliminary offer earlier this year for MOL, which MOL rejected (CW, July 25, p. 7). OMV sent a “declaration of intent” to...

MOL Rejects Takeover Bid from OMV
Energy and petrochemicals company MOL (Budapest) has rejected a “preliminary and conditional” takeover offer from OMV...

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