The Emergence of the Central European MNE: MOL

Zoltán Antal-Mokos and Krisztina Tóth
Additional contact information
Zoltán Antal-Mokos: European School of Management and Technology
Krisztina Tóth: Corvinus University of Budapest

Chapter 14 in Acquisition Strategies in European Emerging Markets, 2007, pp 190-202 from Palgrave Macmillan

Abstract: Abstract The oil industry is dominated by multinational corporations that are constantly looking for growth options. In this global industry, the products are standardized and the majority of the markets are saturated, leaving companies constantly searching for growth options. The projected growth for gasoline demand indicates that the only growth markets can be found in central eastern Europe. The consolidation in these markets has already started – the 1990s witnessed many mega-mergers between multinational companies in the sector. The question still remains as to who will emerge as a major player in the central and eastern Europe region. While the big multinational companies are present in Europe, they are not strong in these growth markets. Their position is therefore challenged by the emergent eastern counterparts, such as MOL Plc. Moreover, the financial markets value growth is creating a constant pressure for companies to create value by acquisitions.

Keywords: Foreign Direct Investment; Synergy Potential; Privatization Process; Growth Option; Fuel Station (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28654-2_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230286542

DOI: 10.1057/9780230286542_14

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().