MOL-INA is to win Energopetrol tender
Friday, May 27, 2005, 07:05
According to the decision of Bosnian government consortium of MOL Rt and Croatian INA became the probable winner of the Energopetrol tender, reported business daily Napi Gazdaság. Bosnia-Hercegovina will probably put MOL and INA in charge of the development of oil company Energopetrol. Energopetrol provides 15% of Bosnian energy market, and owns 65 petrol stations in Bosnia-Hercegovina. In 2003 the company?s profit was euro 84 million besides a sale of 124,000 tons. MOL and INA (the latter is 25% owned by MOL) have further strategic ambitions on south-eastern European markets, MOL earlier stated in an announcement.