company briefs MOL CAMPUS INAUGURATED

Mol Campus, the Hungarian oil and gas company's new headquarters in Budapest was opened in early December. 2,500 people will work in the building to grow the company, as it is necessary to secure Hungary's energy supply, the CEO of the Mol Group, Zsolt Hernádi said at the opening ceremony.

He added that the building was designed by Foster + Partners and its Hungarian partner, FintaStudio. The interior design solutions were developed by Kinzo and Minusplus design and

POLAND'S ORLEN ENTERS HUNGARIAN GAS STATION MARKET

Following the finalization of their contract with the Hungarian oil and gas company Mol, the Polish Orlen Group has entered the Hungarian fuel market and will operate a total of 143 domestic service stations, the company said in a statement.

79 of the stations are already owned by Orlen, but for the time being, they are still operating under the Lukoil brand, gas stations Mol had earlier acquired. By March 2023, they will undergo a rebranding and will be given a Polish red and white design. The other 64 service stations will be gradually bought and renamed by mid-2024.

Commerzbank Hungary Clients Have Joined Erste Bank

Erste Bank Hungary has successfully integrated the clients and activities of Commerzbank's Hungarian subsidiary into its corporate business. With the technical closing of the acquisition, Erste Bank became Hungary's fifth largest corporate lender, with a market share exceeding 10 percent.

The customers of Commerzbank's Hungarian subsidiary, Commerzbank Plc., joined Erste Bank Hungary Plc. smoothly, according to a statement released by Erste Bank in the middle of December. Commerzbank Plc. carried out its last planning office while construction work was carried out by Market Építő Plc. According to Mol Group's managing director for consumer services, Péter Ratatics, the Campus is 143 meters high and has a net floor area of 86,000 square meters.

Once the Mol transaction is completed, the Orlen Group will operate more than 660 service stations in the Czech Republic, Slovakia and Hungary. The company is the market leader in the Czech Republic with 430 service stations.

The Group will increase the number of stations in Slovakia to 91 and in Hungary to 143, making it one of the four largest players in both markets. Altogether, Orlen operates nearly 3,000 service stations in six European countries – Poland, Germany, the Czech Republic, Lithuania, Slovakia and now Hungary.

In response to a question from the state news agency MTI, he said that Mol financed the construction of the new headquarters from its own resources, but did not disclose the value of the investment due to commercial confidentiality. However, he noted that the Campus represents a value roughly 20% higher than office buildings built in Hungary.

Bmw Dealer Donates Car To Emergency Services

The emergency service in Budaörs, just southwest of Budapest, has received a very special donation: a BMW 530d model to support the emergency services, courtesy of local dealer BMW Rack Auto.

The 24-hour emergency service has been available in the Budaörs and Törökbálint area since 2001, providing ambulance and emergency services and assisting GPs 24 hours a day. The 22-strong emergency crew in Budaörs earlier performed the above tasks with a single car.

The Managing Director of Rack Autó Ltd., Ádám Rédei, handed over to them the keys of a new ambulance and emergency service car. Budaörs mayor Tamás Wittinghoff and Törökbálint mayor Sándor Elek were also present at the handover ceremony. "When we were approached by the Budaörs ambulance station about their need for an ambulance vehicle, there was no question that we, as a local dealer, would come to their aid. They really need a strong, fast and safe car. Therefore, we are proud to support the noble cause of saving lives and believe that this car can make the hard work of the Budaörs ambulance service even more successful," Ádám Rédei said.

The equipment requirements of an emergency car are similar to those of an ambulance – it comes with the same life-saving equipment, instruments and medicines to patients in need of urgent care. When alerted to a critically ill patient, the ambulance with its blue distinctive markings is able to help the patient in need as quickly and efficiently as possible in the Budaörs and Törökbálint area. A BMW 530d perfectly meets the requirements of an ambulance: fast, precise and above all reliable, according to a statement by the company.

transactions on November 30. After that, Erste Bank took over the clients, current accounts, deposits and loans of Commerzbank Plc.

Clients joined Erste Bank's corporate business and were able to use the Erste Bank cards, previously sent to them, from December 2nd, while their new Erste Bank accounts were fully accessible on December 5th. From December customers can use Erste Bank's branches instead of Commerzbank's former branches in Hungary. With the technical closing of the transaction, Erste Bank's corporate loan portfolio reached HUF 1,200 billion, making the financial institution the fifth largest corporate lender in Hungary and its market share exceeds 10%.

Erste Bank Hungary, which turned 25 in 2022, has now completed its 10th successful acquisition by integrating Commerzbank. “We are proud of the fact that we not only gained new clients through the transactions but also know-how with the employees who joined us that helped to increase the quality of our services,” the CEO of Erste Bank, Radován Jelasity said.