A member of the MOL Group, 94.86% of the company shares are owned indirectly by MOL. Its legal predecessor was founded in 1953. Its main activity consists of the production of ethylene and propylene from purchased naphtha and gasoil, which are processed into low density polyethylene (LDPE), medium and high density polyethylene (MDPE, HDPE) and polypropylene (PP). As a result of a strategic investment package called the Petrochemical Development Project with a total budget of EUR 430 million (closed in 2006), its production capacity now reaches 620 thousand tons for ethylene, 400 thousand tons for high density polyethylene, and 280 thousand tons for polypropylene. The company is one of the biggest integrated olefin and polyolefin producers in Europe.
Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of at least 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds at least 5% of the total number of securities outstanding.
Management
Management Board
MOSONYI György chairman, GANSPERGER Gyula, HORVÁTH Ferenc, KAMARÁS Miklós, MADARÁSZ László, dr. MEDGYESSY Péter, dr. NAGY Zoltán, PETHŐ Zsolt
Management
PETHŐ Zsolt CEO; SÁNDOR Balázs Deputy CEO and CFO; VÁLYI NAGY Tivadar Production Director; SZÁNTÓ Zoltán Polymer Marketing and Sales Manager; SUBA Péter Petrochemical Technology and Project Development Manager; RÁCZNÉ BODNÁR Adrienn Human Resources manager
Supervisory Board
GYUROVSZKY László chairman, dr. BAKACSI Gyula, dr. BÍRÓ György, RÉTI László, TURÓCZY Judit
