MOL Group said on Wednesday that it had not signed a definitive agreement to acquire a majority stake in Serbian oil company NIS, after caretaker Finance Minister Siniša Mali said on Tuesday that “an agreement had been reached between the Russian side, which is the majority owner of NIS, and Hungary’s MOL.” Mali told Bloomberg Adria that “the agreement has been signed” and that he expected both parties to submit applications for approval to the competition authorities in Serbia and Bosnia and Herzegovina very soon.
October 22, 2026
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