Equity
Zagreb wants clear answer from MOL on sale of INA pacakge - paper
Citing reliable sources the paper said Zagreb wants MOL to come clean about its intentions related to its 49.1% INA package, i.e. whether it wants to sell it or not and if it does, when. In other words the cabinet wants to know what it means that MOL’s Board of Directors authorised the Executive Board “to start the preparations for the sale of MOL’s stake in INA in order to be able to maximize the value of its investment."
The government also notified the Hungarian party that they would like to see clearly on this issue as soon as possible, by the end of November so that Zagreb could prepare the next step.
The Croatian cabinet is to divulge on Thursday that they are ready to maintain strategic partnership with MOL if the company starts work to achieve the strategic goals, the setting of which played a key role in INA’s privatisation in 2003.
The main message of this all, the paper said, is that Zagreb and Budapest part ways quickly or they start developing INA together at once.
Jutarnji List said this response will catch the Hungarian government by surprise because MOL gave Zagreb until the end of this month to mull over their response to MOL’s intention of selling its INA stake. The paper noted that “now the [Croatian] government has taken over the lead."
The paper also said Zagreb is clearly positive that MOL wants out that is why it wants unequivocal answers from the company.
The government also notified the Hungarian party that they would like to see clearly on this issue as soon as possible, by the end of November so that Zagreb could prepare the next step.
The Croatian cabinet is to divulge on Thursday that they are ready to maintain strategic partnership with MOL if the company starts work to achieve the strategic goals, the setting of which played a key role in INA’s privatisation in 2003.
The main message of this all, the paper said, is that Zagreb and Budapest part ways quickly or they start developing INA together at once.
Jutarnji List said this response will catch the Hungarian government by surprise because MOL gave Zagreb until the end of this month to mull over their response to MOL’s intention of selling its INA stake. The paper noted that “now the [Croatian] government has taken over the lead."
The paper also said Zagreb is clearly positive that MOL wants out that is why it wants unequivocal answers from the company.
