MOL and INA becomes strategic partner
The strategic cooperation between MOL and INA started a long-term partnership focused on energy security and growth.
Together we shape the region's energy future
INA is one of the MOL Group's most important long-term, historic investments, strengthening Croatia's economy and energy security as one of the leading energy companies in Southeast Europe.
MOL and INA have been successfully cooperating for more than 20 years. Together, MOL Group and INA have built a partnership that not only strengthens regional energy security, but also drives long-term economic growth and innovation. Looking ahead, this cooperation remains a solid foundation for further progress, new investments and continued success for both companies.
Key milestones
OECD Investment Compact award to INA
INA received international recognition for investment performance and business progress.
IPO launch: INA shares on Zagreb and London Stock Exchange
INA shares were listed publicly, widening investor participation and market transparency.
MOL becomes largest single shareholder
MOL strengthened its position in INA and reinforced long-term strategic alignment.
EUR 3.5 billion investment into upstream oil and gas assets, and an additional EUR 1.3 billion investment in Downstream
Major capital allocation supported production assets, modernization, and downstream competitiveness.
EUR 66 million investment into Downstream and refining modernization to improve quality and overall emission efficiency
Downstream upgrades improved product quality and increased overall emission efficiency.
Construction of the MHC/HDS complex in Rijeka (hydrocracking, hydrogen plant and sulphur recovery)
Hydrocracking, hydrogen production, and sulphur recovery units expanded refining capabilities.
Launch of Euro V fuels and “CLASS” premium fuels
New fuel standards and premium products improved customer offering and quality benchmarks.
Opening of the first Fresh Corner in Croatia
Retail innovation expanded customer experience beyond traditional fuel services.
Regional retail network expansion via acquisition in Monte Negro and acquisition of OMV Slovenia network in partnership with MOL
Growth accelerated through acquisitions in Montenegro and OMV Slovenia network expansion with MOL.
Nearly EUR 700 million in investment into the Rijeka Refinery Upgrade Project
Long-term investment program focused on efficiency, complexity, and strategic refinery capabilities.
Contracts worth more than EUR 33 million for the Renewable Green Hydrogen Production Project in Rijeka
New contracts support renewable hydrogen production and transition-focused industrial projects.