News

Swiss court rejects to revoke ruling in INA-MOL arbitration – Croatia, 27 October 2017

The Croatian Government informed that on 17 October the Federal Supreme Court of Switzerland rejected Croatia’s request for the annulment of the ruling of the United Nations Commission on International Trade Law (UNCITRAL) Arbitral Tribunal of 23 December 2016, which dismissed as unfounded Croatia’s claims against the Hungarian oil and gas company MOL regarding the […]

INA’s net profit increased almost four times – Croatia, 27 October 2017

Croatian oil company INA announced that its consolidated net profit in the first nine months of 2017 increased to 159.7 million euros from 43.1 million euros recorded in the same period last year. INA’s earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 65 % in the first nine months of 2017, reaching 309 […]

JANAF’s net profit increased by 5.4 % in the first nine months of 2017 – Croatia, 27 October 2017

Croatian oil transportation company JANAF recorded a net profit in the amount of 25.7 million euros in the first nine months of 2017, which 5.4 % more than in the same period last year, and 28.7 % more than planned for this period. The company’s total revenues amounted to about 70.5 million euros, which is […]