AGP Executive Report
Last update: 2 hours agoMOL Deal: The US has cleared preparatory steps for MOL’s potential acquisition of a Russian stake in Serbia’s NIS, with talks aiming to conclude by Dec. 11. MOL is also seeking a temporary US waiver as it plans to phase out Russian oil by 2027. Business Financing: EIB-backed funding for Hungary includes up to €280 million to help mid-sized firms expand and €100 million for solar investment through Eximbank. The EIB is also providing €95.5 million for water-security projects in Nyíregyháza. Household Costs: Hungary had the EU’s lowest household gas price in the first half of 2026, at €0.03 per kWh, while retail sales rose 4.3% year on year in September. Trade Ties: India’s commerce minister wrapped up a three-day Hungary visit focused on strengthening trade, investment and technology cooperation. Retail Policy: Hungary’s government says it plans to roll back retail margin caps, as Auchan faces a watchdog fine for unfair business practices.
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