If MOL wants NIS, the refinery must operate

Hungarian MOL will have to keep the refinery in Pančevo open if it wants to buy "Naftna industrija Srbije", Serbian President Aleksandar Vučić said from Batrovci in the Municipality of Šid, where he stayed as part of his visit to the Srem District yesterday. When asked to comment on the criticism from officials of the former government that the state should have used its pre-emption right in the case of NIS, he asked why they did not resolve the NIS issue in that way, but sold it for 400 million.

If MOL wants NIS, the refinery must operate

TL;DR

  • Hungarian MOL must keep the Pančevo refinery open to purchase NIS.
  • Serbia is prepared to pay €2.2 billion for NIS, a significant increase from its previous sale price.
  • President Vučić criticized past governments for selling NIS cheaply and for economic policies that allegedly destroyed the country's economy.
  • He urged citizens to vote for progress and against those who he claims led the country to ruin.
  • Vučić called for major changes and increased competition in the education system, citing a decline in quality.
  • He discussed the upcoming elections as a crucial decision point for Serbia's future direction.
  • Vučić announced significant investments in Šid, including road and school reconstruction, and efforts to attract a major investor.
  • He noted that Serbia is projected to have the highest growth rate in Europe next year, according to the IMF.
  • Vučić condemned attacks on SNS activists and called for peace, composure, and dialogue.