News:Argos:OMV and MOL: battle for regional dominance in south-eastern Europe continues

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MOL and OMV continue to struggle for regional pre-eminence as they vie for control of Croatia's INA. Following Croatia's announcement that it is looking to sell more of its stake in state oil company INA, MOL and OMV have both shown an interest. However, as the companies attempt to try to assert de facto dominance in south-eastern Europe by buying a controlling stake in the Croatian oil major, MOL's expansion plans may be hampered by OMV's ongoing efforts to purchase its Hungarian counterpart.

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