national corporations

the two biggest companies of hungary are mol (oil comp.) and otp (no. 1 bank). these companies are treated 'national' by government because - they say - they represent national interest and they have to stay under hungarian control. these companies are in reality only 25 percent in hungarian hand, and from that ~25 7-8 percent is cross-ownership between them - so only ~13 is in local hands. the funny thing is that they even introduced a low to protect these national companies as omv of austria wanted to hostilely take over mol. and people discussed how important is that protecting it from evil foreigners :)




at least by mol you can see some real owners, but now chance to get that info about otp. can't believe that no one else has more than 5 % than groupama and mr. rahimkolov.