Hungarian energy group MOL said on November 6 that an additional licence from the US Office of Foreign Assets Control represents progress toward a possible acquisition of a majority stake in Serbia’s oil company NIS. According to MOL, the licence issued to the company and MOL Serbia Investment Kft. is valid until February 28 and authorises specified transactions connected to securities transfers and necessary approvals. MOL did not announce that the acquisition had been completed. Regulatory permission for certain transactions should not be confused with a final sale agreement.
MOL says additional OFAC licence advances possible acquisition of Serbia’s NIS
Source: www.tanjug.rs, November 2026.
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