INDUSTRY BRIEFS

U.S. DEPARTMENT OF COMMERCE will amend its export rules to remove Hungary from its list of proscribed destinations effective May 1, 1992. The action allows Hungary to be treated as a destination for export licensing purposes. The move will further Hungary's efforts to shift to a market economy (OGJ, May 18, p. 28). Meantime, Hungary's state oil and gas company MOL Rt hired Coopers & Lybrand to advise it on restructuring as it prepares for privatization and market deregulation. MOL,

May 25th, 1992

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