Christopher Mattheisen Magyar Telekom CEO and Zsolt Hernádi MOL Chairman-CEO have signed a strategic agreement between the two groups in Budapest on Tuesday. The agreement covers issues of cooperation in the field of marketing, retail, energy retail and information technology.
The strategic document, inter alia, contains a letter of intent about cooperation in expanding various wholesale and retail services and other areas of marketing and saleas well as information technology and telecommunication. Furthermore, companies set out that the parties will investigate the opportunities for cooperation in the regional markets in the future.
“Today two dominant companies of the Central-European region have signed an agreement for future cooperation. As of today MOL will look at Magyar Telekom as a strategic partner, and the parties will strive for growing and creating value while supporting each other. The cooperation will offer mutual benefits for both parties, moreover it can also contribute to expanding Hungary’s economy," commented Zsolt Hernádi MOL Chairman-CEO.
“The agreement signed today means that the two market leading groups as the key driving forces of the Hungarian economy will combine resources for the benefit of their clients and the interest of the country. We have already identified several opportunities for cooperation, and I am quite confident that we will develop quite a number of plans from this strategic partnership to be jointly implemented with MOL," added Christopher Mattheisen Magyar Telekom CEO.
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