Croatia, Hungary: Gov & PM oppose MOL plans for INA full take over

8. April 2016. / SEE Energy News

Prime Minister Orešković is opposing to MOL plans to take over all INA shares.

Prime Minister Tihomir Orešković said to the National Papers that his Government would protect Croatian national interests and that they would not allow the taking over of INA.

‘The Croatian Government primarily works on the protection of Croatian interests. Selling the remaining shares of Ina is not an option at the moment”, Prime Minister Tihomir Orešković said to the National Papers in response to the question about his stand on the possibility of the Hungarian MOL taking over the remaining 19% of Ina’s shares.
Several high-ranking political sources familiar with the dispute between Ina and Mol have confirmed to the National Papers that the aim of Mol is to take complete control over the Croatian national energy company, which used to generate one half of the gross domestic product of the Republic of Croatia. Prime Minister Orešković said to the National Papers that the Government under his leadership would likewise insist on the fulfilment of obligation to invest in the Croatian refineries which Mol had undertaken by the contract, transmits Serbia-energy.eu

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