MOL, state to establish foundation

Hungarian oil and gas company MOL on Thursday said it will partner with the state of Hungary to establish a foundation, dubbed MOL New Europe Foundation, to fulfill its corporate responsibility objectives.

PMI still a little under 50 points in March

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) edged down to 48.7 points in March from 49.0 in February, when it slipped under the 50-point threshold that signals expansion in the manufacturing sector for the first time in five months, the Hungarian Association of Logistics, Purchasing ...