Joint venture between MOL and ADNOC to acquire NIS with UAE partner as minority shareholder

The acquisition of the Petroleum Industry of Serbia (NIS) will be carried out through a joint venture between the MOL Group and ADNOC (Abu Dhabi National Oil Company), according to György Bácsa, MOL Group's Executive Director for Strategy. Under this structure, the Hungarian company will remain the majority and controlling owner, while the UAE-based partner will participate as a minority shareholder. Pročitaj više