MOL and Japanese investment in rubber factory not operating despite deadlines

by   CIJ Hungary
2020-09-17   10:34
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Back in 2018 Viktor Orban handed over to MOL and Japanese owned JSR a 12 year tax rebate of over EUR 33m. in exchange for an investment worth EUR 280m in a rubber factory. Despite the governments support, and announcements that the factory would be operating by autumn 2018 the plant is still not operating. According to the portal HVG MOL has admitted that they are still in the trial phase and that commercial production is in preparation.

https://hvg.hu/