News - Business economics

Daily news from plastic industry, plastics processing, packaging, plastics and machinery.

News by category Business economics

Help improve support for innovation in Slovakia – fill out a short questionnaire

12.9.2025 | The survey questionnaire explores how companies in Slovakia perceive state support for research, development and innovation as a key element in…
New EU rules on design, reuse and recycling in the automotive sector

10.9.2025 | On Tuesday, MEPs adopted their proposals on new EU circularity rules to cover the entire vehicle lifecycle, from design to final end-of-life…

Job cuts continue: The number of employees in Germany’s mechanical engineering sector fell...

21.8.2025 | The number of employees in the mechanical and plant engineering sector in Germany continues to fall. As of June 30 this year, around 1.01 million…
MOL Group and KazMunayGas have signed a crude oil trade agreement

14.8.2025 | The MOL Group continues to diversify its oil supply in the region. It has recently imported 85,000 tons of CPC blend crude oil and signed a crude…

Additive manufacturing demonstrates economic potential – Formnext 2025 places an even stronger...

12.8.2025 | Formnext 2025 will place an even greater emphasis on economically viable and industrially proven additive manufacturing (AM) applications. As the…
BGS US starts operations in Pittsburgh

7.8.2025 | BGS US LLC, a subsidiary of BGS Beta-Gamma-Service, has successfully commenced operations as planned at its new location in Pittsburgh…

Financial results of the BASF Group second quarter 2025: Stable sales despite challenges

5.8.2025 | In the second quarter of 2025, BASF reported EBITDA before special items of approximately €1.8 billion. The Agricultural Solutions segment delivered…
K-Alliance: New Brand for Messe Düsseldorf's Global Plastics and Rubber Network

31.7.2025 | Messe Düsseldorf is repositioning its international plastics and rubber portfolio under the new umbrella brand K-Alliance. Replacing the previous…

EUPC: New Foils Technical Committee formed within plastics converters' association / Zelcher...

29.7.2025 | With five member companies, a new Foils Technical Committee was recently formed within the European Plastics Converters (EuPC) association. Renato…
Volkswagen Slovakia suspends production from Monday

11.7.2025 | Volkswagen Slovakia will suspend car production in Bratislava for three weeks and production of components for gearboxes and chassis in the Martin…

ZÁLESÍ is investing 90 million CZK in expanding the production of tube packaging in Luhačovice

10.7.2025 | ZÁLESÍ a.s., a traditional Czech industrial company based in Luhačovice, is investing nearly 90 million CZK in a new high-speed automated production…
Dow to shut down three European chemical plants: a response to high costs and weak demand

9.7.2025 | On July 7, 2025, Dow (NYSE: DOW) announced that, as part of its restructuring efforts, it has approved the shutdown of three major upstream chemical…

MOL Group and MVM have secured their first joint delivery of Azerbaijani oil

4.7.2025 | The first joint shipment of Azeri crude oil has arrived at the port of Omišalj on the Adriatic coast as a result of the cooperation between MVM…
MOL Plugee will join one of the largest electric vehicle charging networks in Europe

23.6.2025 | The MOL Group and DKV Mobility have established a strategic partnership aimed at supporting the development of sustainable mobility in Central and…

New EUROMAP leadership - Tobias Baur and Alessandro Grassi

17.6.2025 | During the EUROMAP General Assembly held on 6 June 2025 in Stuttgart, the European association of plastics and rubber machinery manufacturers…
Strategic cooperation between MOL and MVM: Oil Trading Agreement

29.5.2025 | In order to diversify the energy supply portfolio in the region, with a particular focus on landlocked Hungary and Slovakia, MOL Group and MVM Group…

Plastic granulate spillage: the Council of the European Union introduces new rules to reduce...

15.4.2025 | On 8 April, the Council and the European Parliament provisionally agreed on a regulation on preventing the loss of plastic pellets – the industrial…
Georgios Dermentzakis joins the management of DESMA

27.3.2025 | Salzgitter AG, the sole shareholder of Klöckner DESMA Elastomertechnik GmbH, has appointed Mr. Georgios Dermentzakis as Managing Director Sales &…

The Wermaly sales and service company brings products from the German company Groche Technik

20.2.2025 | We bring you the products of the German company Groche Technik, engaged in the development and production of components for injection units of…
A new chapter in GRANITOL's management

11.2.2025 | Ing. Jaroslav Fibichr, after many years of successful management of the company GRANITOL, handed over the director position to Ing. Michal Rašek…

Slovak car production returned to decline - the industry calls for a clear government orientation...

6.2.2025 | Automobile companies continue to pull the Slovak industry, their production does not fall as sharply as many manufacturers in Western Europe, but…
The 11th ICIS World Polyolefins Conference: Uncovering the trends shaping the future of polyolefins

23.1.2025 | Uniting key decision-makers from the polyethylene and polypropylene value chains, the 11th ICIS World Polyolefins Conference offers you the chance…

Volkswagen Slovakia becomes the biggest company in business in 2024

7.1.2025 | Volkswagen Slovakia has been awarded the title of "The Biggest in Business 2024" in the automotive and engineering category in the eponymous ranking…
Slovnaft successfully passed ISCC PLUS certification and confirmed readiness for the use of...

17.12.2024 | SLOVNAFT, a.s. is ready to process waste materials. This was confirmed by the successful ISCC PLUS certification, which was carried out for Slovnaft…

Delegation of EU Ministers visits the largest green hydrogen plant in Central and Eastern Europe

5.11.2024 | European energy ministers visit the MOL Group's green hydrogen plant at the Duna refinery in Százhalombatte. The delegation arrived in Budapest for…
Call for proposals to support the development of innovative solutions for decarbonisation

31.10.2024 | The Government Office of the Slovak Republic has announced a call to support innovation in enterprises through the development of unique solutions…

MOL Group and Turkish Petroleum establish strategic partnership in Black Sea hydrocarbon exploration

22.10.2024 | MOL Group signed a Memorandum of Understanding (MoU) with the Turkish Petroleum Company (TPAO) in Istanbul regarding strategic cooperation in the…
MOL Group launches green hydrogen plant with the largest capacity in the region

18.9.2024 | MOL Group has commissioned a new 10 megawatt green hydrogen plant at the Duna refinery in Százhalombatte. The plant, the largest in Central and…

The HOPV Slovnaft system has been protecting the underground waters of Žitné ostrov for 50 years

4.9.2024 | Slovnaft Refinery has started shutting down the petrochemical part of the refinery, the restart of the production units is planned for mid-November.
Lummus and MOL Group's new plastic waste recycling plant in Hungary is in the engineering phase

16.7.2024 | Lummus Technology, a global provider of high value-added process technologies and energy solutions, and MOL Group, a leading integrated oil and gas…

The HOPV Slovnaft system has been protecting the underground waters of Žitné ostrov for 50 years

27.6.2024 | Spoločnosť SLOVNAFT, a.s. je o krok bližšie k diverzifikácii zdrojov pre svoju výrobu a k väčšej flexibilite pri spracovaní ropy. Vďaka investičným…
MOL Group recorded good performance in Q1 despite challenging external conditions

23.5.2024 | MOL Group announced its financial results for the first quarter of 2024. MOL Group achieved a pre-tax profit of EUR 382 million in the first quarter…