Cheap Russian oil imports fail to boost bottom line for Hungary's MOL

Company says price regulations and windfall taxes stifles net profit for 2022

To turn or not to turn: A MOL engineer at Hungary’s largest oil refinery, in Szazhalombata, which receives crude from the Druzhba pipeline.
To turn or not to turn: A MOL engineer at Hungary’s largest oil refinery, in Szazhalombata, which receives crude from the Druzhba pipeline.Photo: AP/SCANPIX
Published 21 February 2023, 12:25Updated 21 February 2023, 13:52