"Regarding the Corporate Governance of INA we firmly believe that it is in line with international best practice and in line with Croatian and European regulations. Nevertheless we are still confident that, working together with the Croatian Government, we will find a beneficial solution for the future of INA," said MOL Group CEO Joszef Molnar.
Croatian Economy Minister Ivan Vrdoljak, who heads the Croatian negotiating team, said "we have plenty of outstanding issues and disagreements. Today we opened and proposed a new model of corporate management which we will officially forward to our colleagues in MOL tomorrow. I think it would be good, which we agreed on, to continue with the negotiations."
Vrdoljak said that despite the obvious outstanding issues and disagreements, he believed that the best solution could be found. "The Croatian government will certainly do all it can to protect INA, to negotiate a position for INA in the interest of the company, its employees and, eventually, Croatia's energy stability."
The statements expressed after today's negotiating round indicate that it focused on corporate management in INA.
The first round was held on September 18. The second was to have been held late last month but was delayed because, as it was unofficially said, MOL would not agree to the proposed topics regarding the management model in INA.