Extraordinary Announcement Received: the Contract for the Sale of NIS to Moll Has Been Signed
14 Articles
14 Articles
The Hungarian MOL signed an agreement to buy a Russian share of the Serbian NIS, and reported to the Acting Vice-Prime and Minister of Finance of Serbia, Sinish Mali, on the air of Bloomberg Adria TV, referred to by the Serbian media. "The agreement between the Russian side, the majority owner, and the Hungarian MOL has been reached.
The US imposed sanctions on the Serbian company a year ago due to its majority Russian ownership.
A contract has been signed with the Hungarian Moll to sell the Russian share of the Serbian NIS oil company, and the deal still requires approval from competition authorities, Serbian Finance Minister Sinisa Mali said in an interview with Bloomberg Adria television.
Russians and Hungarians sign NIS agreement, Serbia gets larger ownership stake
The agreement to sell the Russian share of the Serbian oil company NIS to MOL has been signed, but the transaction still requires approval from competition authorities. According to Serbian Finance Minister Siniša Mali, the agreement marks another important stage in the change of ownership, while the Serbian state would also increase its stake in the strategically important oil company.
Treaty on the sale of controlling shares of a Russian-Serbian company under US sanctions, "The Oil Industry of Serbia" (NIS) of Hungarian... ~ 21.10.2026, PRIM
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