Hungarian business weekly Figyelő said in its latest issue that Hungary’s Russian partners at talks in Moscow a week earlier expressed interest in MOL’s stake in INA. The topic of the INA stake was brought up by the Hungarians, not the Russians, according to anonymous sources in the Figyelő piece.
Jutarnji List cited Russia’s Rosneft as a potential buyer of MOL’s INA stake.
MOL holds just a fraction less than a controlling stake in INA, while the Croatian government owns almost 45%. The two shareholders have long been at odds over the way the company is managed, and tensions rose early in October, after Croatian police issued an arrest warrant for MOL chairman Zsolt Hernádi. Hernádi is suspected of having bribed former prime minister Ivo Sanader to give MOL management rights in INA.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
