Home » Business » Russians Targeting Croatian Oil Company INA

Russians Targeting Croatian Oil Company INA

ina1The Croatian government are reportedly in talks with Russian oil giants Rosneft about selling its stake in leading Croatian oil company INA, reports Bloomberg claiming unofficial sources.

The report suggests that the Croatian Government would reduce its current stake in INA from 44.8% down to 25% by selling 19.8% share to the Russian giants. The Hungarians would have to agree before any deal could be made. Hungarian oil company MOL Group own 49.1% of INA. Bloomberg reported that Rosneft’s President Igor Sechin met with Croatia’s Economy Minister Ivan Vrdoljak back in June where the Russians interest in investing in Croatia’s energy sector was announced.

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

[VIDEO] 2CELLOS Do Lord of the Rings Theme

Croatia’s electrifying musicians 2CELLOS have dropped their latest video this weekend, and it is another cracker. Luka Šulić and Stjepan Hauser play ‘May it Be’, the theme from The Lord of the Rings Trilogy, together with London Symphony Orchestra. The stunning video was shot in Kalnik in the Koprivnica-Križevci County in Croatia. 2CELLOS new video...

Lastovo Island: Visiting the Untouched Hidden Gem

By Alex Cote Alex Cote, aka The Mindful Mermaid, goes and checks out the beautiful and tranquil southern Croatian island of Lastovo. There are very few things that will get me out of bed at 4 in the morning. Taking a ferry to a remote Croatian island surrounded by crystal-clear waters is one of them. Being the...

Sarah Brightman to Perform in Zagreb

The world’s best-selling soprano, Sarah Brightman, will perform in Zagreb later this year. Brightman will perform for the first time in Croatia at Zagreb Arena on her Royal Christmas Gala tour on 21 December 2017. Accompanied by the Royal Symphony Orchestra, Brightman will sing her biggest hits from her illustrious career, such as ‘Amigos para...

Dubrovnik Church to Hold Mass in English During Tourist Season

Those looking for Sunday Mass in English during the tourist season are in luck in Dubrovnik. Mass will be held in English every Sunday at the Church of Saint Ignatius starting on Easter Sunday. The stunning Church of Saint Ignatius is located on Ruder Boskovic square, which is connected with Gundulic square by baroque stairs....