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MOL Moleculin Biotech Inc

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Realtime Data
Share Name Share Symbol Market Type
Moleculin Biotech Inc TG:MOL Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

MOL's Hernadi: Losing $60 Million a Month on Syrian Production Halt

30/07/2012 7:27pm

Dow Jones News


Moleculin Biotech (TG:MOL)
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BUDAPEST--Croatian refiner INA d.d. (INA.ZG), a subsidiary of Hungarian oil and gas company MOL Nyrt.'s (MOL.BU), is losing $60 million a month by having halted production there, MOL's chief executive and chairman said Monday.

"We've invested $1 billion in Croatia so far, which is a lot. We're ready to relaunch production once the turmoil calms [in Syria]," Zsolt Hernadi said in an interview on commercial radio Inforadio.

INA suspended production in Syria in February as the internal political turmoil there compelled several foreign companies to withdraw.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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