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MOL launches international arbitration proceedings against Croatian government

Autor: vmic
ZAGREB, Nov 26 (Hina) - The Hungarian oil company MOL has asked the International Centre for Settlement of Investment Disputes (ICSID) to commence arbitration proceedings against the Croatian government for breaching certain of its obligations and undertakings in relation to MOL's investments in Croatia, the company said in a press release posted on the website of the Budapest Stock Exchange on Tuesday evening.

(Hina) vm

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