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MOL concludes talks with Serbia on shareholders' agreement for NIS
MOL concludes talks with Serbia on shareholders' agreement for NIS

Hungary's oil and gas group MOL said on Thursday it has completed negotiations with Serbia's government on the conclusion of a shareholders' agreement for the acquisition of a majority stake in Serbia's Russian-controlled sole refiner NIS, which is under U.S. sanctions.

addedJun 11, 2026
Countries stories
Middle East War

Austria’s Erste Group said it is lifting its 2026 economic growth forecast for Serbia to 2.9%, up by 0.3 percentage points from the previous estimate made in March, taking into account the country's solid first-quarter growth performance and the changed dynamics of the Middle East war conflict.

Defence

Bulgaria's parliament said it approved a government proposal to purchase seven new three-coordinate (3D) radars, key to the functioning of the country's new F-16 jet fighters, for up to 195 million euro ($225.2 million) under a framework agreement signed with France last year.

Austria’s Erste Group said it is lifting its 2026 economic growth forecast for Serbia to 2.9%, up by 0.3 percentage points from the previous estimate made in March, taking into account the country's solid first-quarter growth performance and the changed dynamics of the Middle East war conflict.

Bulgaria's parliament said it approved a government proposal to purchase seven new three-coordinate (3D) radars, key to the functioning of the country's new F-16 jet fighters, for up to 195 million euro ($225.2 million) under a framework agreement signed with France last year.

Serbia has secured 953 million euro ($1.1 billion) worth of new investments from Chinese companies, president Aleksandar Vucic said on Wednesday.

The combined revenues of the biggest companies in SEE edged down for a second year in a row in 2024, while profits declined in double digit percentages.
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