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Report: MOL offers INA stake to Zagreb

In an issue hitting newsstands today, OTP chairman/MOL board deputy chairman Sándor Csányi told Forbes Hungary that It is not in MOL’s interest to sell its stake its 49%-plus stake in Croatia-based refiner INA, but the company has nevertheless offered the Croatian government the opportunity to purchase the shares.

The cover story of issue #2 of Forbes Magazine’s Hungarian edition features an interview with Csányi, from which the bits regarding the sale of INA were teased. 

Csányi goes on to state in the interview that if Zagreb would not or cannot purchase MOL’s holding in INA, the company plans to sell it to a third party, according to local business news portal Portfolio.hu.

In this case, MOL will seek out other investment possibilities, but outside the Central Eastern Europe region, Csányi said.