A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary, on Tuesday. Currently 12,000 Hungarian companies are active abroad or make products for export, he said. The government’s industrial strategy „is a good one”, Orbán said, adding that MOL had an important role. „Just like MOL, the industrial strategy is ambitious … but with both feet on the ground,” he said.
MOL, Orbán said, „has taken the same path as the Hungarian economy, having a single focus 20 years ago, trading in crude oil; now it is spreading in the region, it has a biogas and diesel plant, it has entered the haulier market and it has become a crucial player in waste management.” The company’s new polyol plant will produce the „Swiss knife of plastics manufacturing”, good for the automotive industry, furniture production, the construction sector and textile manufacturing, he noted. The prime minister noted that MOL already had two plants in Tiszaújváros, built with support from Japanese investors, while the new polyol plant had taken over technology from Germany’s Thyssenkrupp. „MOL is Hungary’s largest and most successful company … when they build something … it is built solid,” Orbán added.