MOL

Szijjarto says Hungary must be reimbursed for money invested in INA

The Croatian government must reach an agreement with the Hungarian energy group MOL on a buyout of its stake in Croatia's INA but the money Hungary has invested in INA must be reimbursed, Foreign...

INA and Deloitte to analyse options for sustainable business at Sisak

The INA oil company has chosen the Deloitte consulting firm to identify and analyse options for sustainable business for its Sisak refinery, and the project will be carried out in cooperation with...

Croatia sets up council for talks with MOL on INA buyout

Croatia's government on Thursday decided to establish an eight-member council for negotiations with Hungary's MOL on the buyout of INA and the council will be chaired by Prime Minister Andrej...

PM says hasn't heard of any better model for INA buyout than HEP IPO

Prime Minister Andrej Plenkovic repeated in the parliament on Tuesday that the government planned to buy back Hungarian oil and gas company MOL's stake in INA, adding that so far he had not heard...

PM says Croatia will challenge arbitral ruling in INA-MOL case

Croatian Prime Minister Andrej Plenkovic has said that Zagreb will contest a recent ruling by the Arbitral Tribunal of the United Nations Commission on International Trade Law (UNCITRAL), which...

MOL publishes parts of arbitration ruling in INA case

The Hungarian oil and gas group MOL on Thursday evening published a statement on the Budapest Stock Exchange containing parts of a recent ruling by the Arbitral Tribunal of the United Nations...

HDZ Presidency and National Council support government plan to buy back INA

The Presidency and National Council of the ruling Croatian Democratic Union (HDZ) at its meeting on Monday strongly supported the government's plan to regain ownership of the INA oil and gas...

Bridge MP doesn't find referendum on HEP sale most fortunate solution

The chairman of the parliamentary club of the Bridge party's lawmakers, Miroslav Simic, said on Monday he was not sure that a referendum on the sale of a certain amount of shares in the state-...

Minister: INA buyout, IPO for HEP to strengthen Croatia's energy independence

Economy Minister Martina Dalic of the Croatian Democratic Union (HDZ) has said that the decision to buy out MOL's stock in INA and list 25% shares minus one share of the HEP power provider on the...

Dalic: Sale of HEP shares is decision of entire Cabinet

The Deputy Prime Minister and Minister of the Economy, Martina Dalic, said on Monday that decisions of the government were made by the coalition partners together, dismissing speculation that the...

SDP finds planned HEP privatisation for INA unacceptable

Social Democratic Party (SDP) parliamentarian Pedja Grbin said on Saturday that a model outlined by Prime Minister Andrej Plenkovic for an initial public offering (IPO) of HEP power company shares...

INA to be mulled by gov't, company says it has only public info

The Croatian government will discuss in detail the latest developments regarding INA at its closed-door session today and the decision of the the Arbitral Tribunal of the United Nations Commission...

Regulator: PM's satement doesn't infer obligation to publish bid for INA takeover

The Croatian Financial Services Supervisory Agency (HANFA) said on Wednesday that Prime Minister Andrej Plenkovic's recent statement about the government's plan to buy out the Hungarian oil...

MOL lifts Budapest shares as Croatia offers to buy INA

Shares in the Hungarian oil and gas company MOL rose by nearly 3% on the Budapest Stock Exchange on Tuesday, pushing Budapest's equities index close to a record high after Croatia's government...

Nonparl. party "Smart" against buying out MOL's interest in INA

The non-parliamentary party "Pametno" ("Smart") on Tuesday criticised the announcement made by Prime Minister Andrej Plenkovic that Croatia should buy out the MOL-held share in INA as "an...