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Solution to Croatian/Hungarian Mol Issue Expected Soon

Published: October 15, 2013; 14:11 · (Vindobona)

The Croatian justice has issued an international arrest warrant for the head of Hungarian oil company Mol.

Solution to Croatian/Hungarian Mol Issue Expected Soon / Picture: © MOL

Zsolt Hernadi, CEO of Mol, is under the suspision of having bribed former Croatian Prime Minister Ivo Sanader (2003 – 2009) with an amount of € 10m in 2009. As a return, Mol was able to take over a major stake of Ina. Currently the Hungarian oil company Mol, which is one of the commercially most powerful enterprises in CEE, holds 49.1 percent in Croatian Ina while the Croatian…

This article includes a total of 256 words.

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