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russian ownership

MOL takes over NIS: What Hungarians will do differently from Russians

Hungary’s MOL Group is prepared to take majority ownership of Naftna industrija Srbije (NIS) after reaching an agreement with the current Russian owners, but...

Sanctions on NIS: Economic impact and efforts to find solutions amid changing ownership

Sanctions imposed on the Russian Federation have not only led to changes in oil supply routes but have also prompted pressure for ownership transformations...

Serbia’s dilemma: Navigating sanctions and Russian ownership in NIS

In 2008, Serbia sold a majority stake in the oil company NIS to Russia's Gazpromneft for €400 million, part of a broader energy deal...
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