Tiszai Vegyi Kombinát Nyrt.Tiszaújváros, Hungary (OTC: TZVKF)

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TVK Company Description

TVK went from painting the town red to covering it in plastic(s). Tiszai Vegyi Kombinát Rt. (TVK) began as a factory commissioned to produce paint for the Soviet Union; today it manufactures petrochemicals, primarily olefins and polyolefins. TVK is Hungary's sole manufacturer of polyolefins and has 20% of Central Europe's petrochemical market share. The company sells its products -- ethylene, propylene, and their derivatives -- to small- and medium-sized plastics makers throughout Europe. TVK is majority owned by Hungary's largest company, oil biggie MOL Group.

View the Comprehensive Company Description for TVK

The Company Description provides a historical perspective of TVK's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TVK's evolution in the marketplace.

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