Hungary's OTP Head Csányi To Negotiate With Croatia On INA

  • 6 Aug 2013 9:00 AM
Hungary's OTP Head Csányi To Negotiate With Croatia On INA
OTP Bank chairman and CEO Sándor Csányi, a deputy chairman of MOL, will lead a Hungarian delegation to negotiate with the Croatian government on the future of MOL subsidiary INA, Croatian media reported. The Croatian cabinet announced its intention last week to enter into talks with MOL.

The Croatian government, owner of 45% of INA, reportedly wants to amend the shareholders agreement, which gives MOL management control with a 49% stake.

Croatian Economy Minister Ivan Vrdoljak and state asset manager chief Mladen Pejnovic will lead the Croatian delegation.

Source: Hungary Around the Clock

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