Tag: INA

INA recorded 84 million euros loss in 2020 – Croatia, 19 February 2021

Croatian oil company INA recorded a net loss in the amount of 84 million euros in 2020, compared to 65 million euros profit in the previous year. 2020 was one of the most challenging years for global economy, but also for INA. Regardless of the partial oil market recovery in the second half of 20 […]

Huge difference between asking and offered price for MOL’s stake in INA – Croatia, 19 February 2021

According to Croatian media, Hungarian MOL confirmed that it has entered talks with Croatian Government over the sale of MOL’s stake in oil company INA but, according to MOL’s CEO Joszef Molnar, the views of the two sides on the price of that stake are quite far apart. In a recent interview, held Full article […]

Government do decide on buyout of MOL’s shares in INA by mid-2021 – Croatia, 12 February 2021

Croatian Minister of Economy and Sustainable Development Tomislav Coric said that talks are being held on the state’s buyout of MOL’s stake in oil company INA and that the decision should be made by mid-2021. Minister Coric said that the Government sent the offer to MOL in November last year and Full article available for […]