MOL Group ensures continuous supply security with optimized operational and financial measures The ball-and-stick model better illustrates the spatial arrangement of the atoms. These risks include: E&P reserves sustainability, physical asset risk, market volatility, Execution of Strategic projects, Consumer Services Transformation, (Geo)Political and Regulatory Risk, Human Capital Deficit.At the same time, mid-term risks related to our business plans are assessed and managed over the full lifetime of assets, performed at business segment level and coordinated by the group-level risk management team.As in previous years, the short-term risk profile of the company is regularly reviewed with main focus on the 1-year budget of MOL Group.Regular reporting to top management provides oversight on top risks and assurance that updated responses, controls, and appropriate mitigation actions are set and followed, effectiveness of risk management is considered by the Executive Board as well as the Board of Directors and its respective CommitteesRisks are categorised to ensure effective risk reporting and consistent responses for similar or related risks.Risk Management tools applied by the Group is based on international standards and industry best practice. In addition, MOL made a declaration concerning the application of the corporate governance recommendations of the Warsaw Stock Exchange prior to the admission of its shares to the Warsaw Stock Exchange in December 2004.
Extensive information is also made available on MOL’s website (In 2018 MOL conducted a total of 14 days of roadshow and participated in 12 conferences in the U.S. and Europe, having around 300 meetings with potential and existing shareholders and bondholders. Based upon the decision of the general meeting, dividend can be paid in a non-cash form as well.The starting date for the payment of dividends shall be defined by the Board of Directors in such way as to ensure a period of at least 10 working days between the first publication date of such announcement and the initial date of dividend distribution. MOL Group comment on the verdict of the Sanader-case MOL Group has developed a comprehensive Enterprise Risk Management (ERM) system as an integral part of its corporate governance structure which, considers the organisation’s exposure to uncertainty in regard to value creation, meaning factors critical to the success and threats related to the achievement of objectives, also occurrence of incidents causing potential threat to … MOL also subjects its policies to regular review to ensure that they take account of the continually evolving international best practice in this area.

Why, the honorary captain? Lines.

Where a group of shareholders together controlling at least one per cent of the votes in the Company propose certain additions to the agenda in accordance with the provisions on setting the items of the agenda, or table draft resolutions for items included or to be included on the agenda, the matter proposed shall be construed to have been placed on the agenda if such proposal is delivered to the Board of Directors within eight days following the time of publication of notice for the convocation of the general meeting, and the Board of Directors publishes a notice on the amended agenda, and on the draft resolutions tabled by shareholders upon receipt of the proposal.
BUDAPEST, 18 March 2020 - MOL Group’s wholly owned subsidiary MOL Norge AS and its joint venture partners have discovered oil and gas in an offshore field located about 200km west of Stavanger in the Norwegian part of the North Sea.

MOL Group’s Downstream division is made up of different business activities that are part of an integrated value chain.

Commodity price, FX and interest rate risks are measured regularly by using a complex model based on advanced statistical methods, and are managed – if necessary - with hedging measures.Transferring of the financial consequences of our operational risks is done by insurance management, which represents an important risk mitigation tool used to cover the most relevant exposures and liabilities arising out of our operations. Integrated oil & gas company Downstream MOL Original Web Materials MOL Original Backgrounds for Online Meeting are available here. It has operations in over 30 countries and employs 26,000 people worldwide. Awards. Board of Directors decided to transform the current long term incentive programs to real share-based programs according to the provisions of MRP act on 13 October 2016.