Croatian oil company INA seeks to reclaim property in Serbia.

By bne IntelliNews August 2, 2010
Croatian oil company INA seeks EUR 117mn in damages and EUR 90mn in opportunity costs from Serbia's privatiaation agency, Share fund and Lukoil in a bid to reclaim its property in Serbia. The property, which includes almost 170 filling stations, was left in Serbia following the collapse of the former state during the 1990s. We note that the filling stations were incorporated into Beopetrol, which was later on sold to Russia's Lukoil.

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