Both sides have accepted the offer from the United States to help them resolve a long running dispute and steer the talks on INA’s future, Ivan Vrdoljak said.
“Each side has agreed to engage the facilitator. If MOL accepts our starting position, which includes a new shareholding agreement and a new strategy for INA’s development, the dispute could be resolved during this government’s mandate,” Vrdoljak said.
Croatia, which owns 44.84% of Zagreb-based INA, has tried since 2011 to regain some management rights in INA that MOL acquired as part of a 2009 shareholders agreement, which has given it a 49.08% stake in INA. Talks started in September 2013, but have made little progress.
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.
