Confirmed: This company is in the race for NIS

He stated that if an agreement is reached, the transaction would be a “normal market operation,” but emphasized that talks are still in the early stages, Reuters reports.

He added that it is in NIS’s interest to end Russian ownership and that one option is for the Hungarian MOL to take a larger role.

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced yesterday in Belgrade, after a meeting with Serbia’s Minister of Mining and Energy Dubravka Djedović Handanović, that MOL will increase oil exports to Serbia 2.5 times, and said that Hungary will use all available means to help the country with oil supply, media reports stated.

• Brnabić: We will propose an amendment that allows the takeover of NIS
• The Government of Serbia concludes NIS meeting: No reason to worry
• Vučić after the meeting on energy stability: We've reviewed current challenges, reaching important conclusions
• Vučić on NIS: “What I will offer the Americans, I believe they cannot refuse”
• Vučić: Outcome of negotiations with the U.S. on the new NIS license within the next 48 hours
• Russians agreed to sell their stake in NIS