economy
MOL Confirms Interest in NIS
Hungarian company MOL Group announced today that it achieved a pre-tax profit of 212 million dollars in the first quarter of 2026 and confirmed its intention to purchase Naftna industrija Srbije (NIS), despite geopolitical challenges and oil supply disruptions.
TL;DR
- MOL Group achieved a pre-tax profit of $212 million in Q1 2026.
- The company confirmed its intention to purchase Naftna industrija Srbije (NIS).
- Investments include a new delayed coking unit at INA's Rijeka refinery (700 million euros) and a southern supply route development ($500 million).
- Operations were affected by the Iran conflict, Druzhba pipeline issues, and energy price regulations.
- The downstream segment was weakened by a fire at the Dunav refinery and supply problems, while consumer services grew.