INA November

Croatia Fails to Clinch INA Deal with Hungarians

Published by Balkan Insight on Mon, 07/28/2014 - 09:27

Croatian government has plans to buy out shares in Croatia’s INA company owned by the Hungarian energy company MOL - to regain control over the country’s only major energy concern - broke down at the end of last week.

The government in Zagreb wanted to add the 49.1 per cent of shares that MOL owns in INA to the Croatian state’s existing stake of 44.84 per cent.