Continue Reading
Full article on OilPrice.com
Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery
Market Intelligence Analysis
AI-Powered
Why This Matters
Hungarian oil company MOL is close to acquiring an 11.3% stake in Serbia's only refinery, Naftna Industrija Srbije, from Russian owners, indicating a strategic expansion in the region.
Market Impact
Market impact analysis based on bullish sentiment with 74% confidence.
Sentiment
Bullish
AI Confidence
74%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Hungarian oil company MOL is close to buying an 11.3% stake in Serbia’s only refinery from its Russian owners, Serbian news outlet NIN reported on Thursday, citing sources familiar with the plans. The Russians trust the Hungarian company, and Hungary’s Prime Minister Viktor Orban, and plans are for MOL to buy 11.3% of Serbia’s only refinery Naftna Industrija Srbije (NIS), the Serbian magazine reports. Gazprom Neft and Gazprom affiliates hold a majority stake in NIS, with the Serbian state owning the remaining 29.9%. …
Original article published by
OilPrice.com
on November 13, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.