Russian officials showed interest in buying Hungarian oil and
gas firm MOL Nyrt's (MOL.BU) stake in its Croatian subsidiary INA
d.d. (INA.ZG), Hungarian business weekly Figyelo reports
Thursday.
Hungary's top government officials held talks in Moscow last
week when Prime Minister Orban Viktor met Russian President
Vladimir Putin. The two countries signed a deal on nuclear
development in Hungary.
However Russia and Hungary didn't just discuss nuclear energy,
Figyelo reports citing unnamed government sources. Moscow showed
interest in buying MOL's 49.1% stake with management rights in
INA.
Neither the Russian nor the Hungarian government were
immediately available to comment.
There has been an ongoing dispute between MOL and the Croatian
government regarding INA, over which the Croat cabinet intends to
regain control. The Croatian government holds a 44.8% stake in INA
after the company's privatization in 2003.
Newspaper website: www.figyelo.hu
Write to the Budapest Bureau at budapest@dowjones.com
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