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.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335