Serbia and MOL Resolve Terms Over NIS Stake; State to Gain Contingent 5% Holding
Serbia said it has cleared outstanding issues with Hungary's MOL Group concerning a potential transaction involving Naftna Industrija Srbije (NIS). Under the arrangement, Belgrade would acquire an additional 5% of NIS if MOL and Gazprom Neft complete a deal for the 56.15% stake currently held by the Russian parties, a move that would strengthen Ser…