Croatia and Mol Nyrt. need to reach an agreement on managing Zagreb-based refiner INA Industrija Nafte d.d. to help make the regional energy industry more secure, a U.S. official said.
A Hungarian court cleared Mol Nyrt. Chairman Zsolt Hernadi of bribery charges in the acquisition of Zagreb-based refiner INA Industrija Nafte d.d., as Croatian authorities pursue the company’s chief in a parallel case.
Croatia will seek talks with Mol Nyrt. to review 2003 and 2009 agreements that gave the Hungarian refiner control rights over INA Industrija Nafte d.d.
Hungarian refiner Mol Nyrt. is seeking “accelerated talks” on the management of its Croatian subsidiary INA Industrija Nafte d.d. in a sign that a feud with the Balkan state’s government is abating.