“If MOL is Not Welcome in Croatia, we Will Sell our Share in INA”

Total Croatia News

Management President of MOL Zsolt Hernadi said in an interview for the German business magazine Handelsblatt that he is pleased with the Management and personnel of INA, and “although the problem is in the politics in Zagreb, he believes a deal will be made with the Croatian government so INA will be a part of the new MOL

Management President and executive director Hernadi said the strategy of MOL until 2030 is valid with INA or without it. “However, I believe an agreement will be made with the Croatian government through which INA will be a part of the new MOL. That company is like my child. I was the one who began negotiations in 2001 on buying INA from the Croatian state,” he said, Poslovni Dnevnik reported on November 29, 2016.

Asked if it was a mistake to “adopt” INA, Hernadi answered it is not always possible to predict what will happen.

“Sometimes projects begin very nicely. We will see how things go. However, we are very satisfied with the Croatian management and personnel in INA. Our problem is in the Zagreb politics. Six years we’ve had a misunderstanding and although we are responsible for INA, our influence is weak. The company is suffering greatly because if it,” said Hernadi.

On the topic of why MOL doesn’t put this nightmare behind it and sell INA, Hernadi said it is still a possibility and if MOL is not welcome in Croatia, they will sell INA stock.

He also said he is off the Interpol list and can move freely around the world.

At a recent Interpol general assembly, the Croatian request for the red warrant for Hernadi to be extended was denied.

Hernadi pointed out he will answer any call from the Croatian justice system sent to him legally and correctly and mentioned he never received such a call.

Asked if it is possible he never received it because the Hungarian authorities decided to withhold it, Hernadi said that would be a decision of Hungarian authorities.

“The reason is the Croatian authorities were not able to offer evidence for their charges against me or any other manager in MOL,” he claimed.

On the topic of trusting Croatian justice, Hernadi asked why Croats don’t trust the Hungarian justice.

“But, my answer to that question is that Croatia is still a young country. Their state institutions are also young. The land is still in a learning process, but last year’s Constitutional Court decision shows the system can be corrective. That gives hope,” said Hernadi in an interview that touched on INA and Croatia.


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