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BSE:MOL 25 December 2025

Budapest Update Dec. 25, 2025: Gellért and Rác Baths Renovation Delays Deepen as BKK Signs MOL Bubi 3.0 Contract

Budapest Update Dec. 25, 2025: Gellért and Rác Baths Renovation Delays Deepen as BKK Signs MOL Bubi 3.0 Contract

Budapest’s €60 million loan application to renovate Gellért, Rác, and Széchenyi Baths was rejected by the Hungarian government, delaying the projects. The city’s bath operator plans to resubmit the request as Gellért Bath remains closed, creating a major revenue gap. Meanwhile, the MOL Bubi bike-sharing system will expand without a winter shutdown.
25 December 2025

Stock Market Today

  • June 2026 ASX Penny Stocks to Watch Amid Market Uncertainty
    June 28, 2026, 10:27 PM EDT. As global tensions, including U.S.-Iran relations, influence markets, Australian investors eye ASX penny stocks for value and growth. Estrella Resources (ASX: ESR) explores minerals in Australia and Timor-Leste, operating pre-revenue with a market cap of A$53.05 million, debt-free but with limited cash runway. Leadership changes seek to bolster its Timor-Leste projects. Fleetwood Limited (ASX: FWD), valued at A$156.89 million, is exiting its RV segment to focus on modular buildings, reporting a remarkable 302.4% earnings increase despite restructuring costs. Debt-free with strong asset coverage, Fleetwood trades at a P/E of 8.5x but faces management experience challenges. These companies highlight the cautious optimism among traders for affordable growth opportunities in the new financial year.

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