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business Jan 19, 2026, 7:25 PM
MOL Group to acquire Serbia's NIS oil company amid US sanctions - MOL Group signed a preliminary agreement to acquire a majority stake in NIS, Serbia's primary oil supplier.
- The deal is subject to approval by the U.S. Office of Foreign Assets Control due to existing sanctions.
- This acquisition could strengthen MOL Group's presence in the regional energy market amidst Serbia's complex geopolitical ties.
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2026 All rights reserved
2026 All rights reserved