Hungary’s MOL to buy Serbia’s Russia-owned NIS oil company if US approves

BELGRADE, Serbia (AP) — Hungary’s MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia’s Russia-owned main oil supplier that has been sanctioned by the United States. MOL Group said in a statement that a “binding Heads of Agreement with Ga...

Redirecting to full article...