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Hungary (80)


Report: Chevron authorized to place second shale gas exploration well in Romania
Chevron has obtained authorization to place a second shale gas exploration well at Puiesti in Vaslui County, northeastern Romania, according to a report from Agerpres, Romania's news agency, that quotes Tom Holst, manager of Chevron Romania. The Agency for...

Oltchim privatization delayed again, bidders interested in buying refinery
The Romanian government has delayed for a second time, by up to 45 days, the deadline for submission of binding offers to acquire the state's majority stake in chemicals and petrochemicals producer Oltchim (Ramnicu Valcea, Romania), Romanian press reports...

Privatization of Croatia fertilizer firm fails to attract binding offers
The Croatian government did not receive any binding offers for a stake of up to 75% in state-owned nitrogen fertilizer producer Petrokemija (Kutina, Croatia) by a deadline of 12 March, Petrokemija says. The government received four nonbinding offers in...

Codexis sells its operations in Hungary to US biotech firm Intrexon
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, says it has sold its subsidiary and laboratory operations at Budapest, to biotechnology company Intrexon (Germantown, MD), for a purchase price of...

TVK reports rise in profitability, sales
Petrochemical producer TVK (Tiszaújváros, Hungary) says that its operating profit in fourth-quarter 2013 was 411 million forint ($1.82 million) compared with a loss of Ft115 million in the corresponding quarter in 2012. Ebitda was Ft3.75 billion...

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