WOOD Flash – MOL: wins a 35-year waste management contract
MOL has been awarded a 35-year contract to manage municipal waste in Hungary. The contract involves investments of HUF 185bn over 10 years, and would see MOL managing approximately 5mtpa of waste. Waste management is a cost-plus regulated business, and MOL is interested primarily in using this contract to grow its recycling business. Currently, the company produces and sells recycled polyethylene, polypropylene, polyurethane and polyamide, and utilises rubber waste in its bitumen business. These segments can all be expanded and MOL expects to add PET and polystyrene recycling. Waste-to-energy should also become part of the value proposition.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
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