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May 16, 2003 - Friday |
Hungarians urge privatization of INA
11:08 ZAGREB, May 16 (Tanjug) - Top officials of Hungary's oil company MOL said on Thursday in Zagreb they are aware of the court proceedings initiated by Croatia's oil company INA before the Serbian court for the return of its property, but that since they are interested in Serbia's market they had decided to buy off the documentation for the tender on privatization of Beopetrol.
MOL and Slovenia's Petrola are interested in the privatization of the Beopetrol company that supplies one quarter of Serbia's retail oil market, and which INA claims was founded on the basis of its property in Serbia.
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