Since MOL took over the control of the company in 2009, INA’s operational performance and efficiency have been considerably improved. A dedicated efficiency improvement program initiated by MOL currently delivers recurring improvements of more than HRK 2.2 billion (~EUR 296 million) annually since the program’s inception in 2010. Moreover, from 2009 to 2012, its operating cash profit was doubled and its indebtedness decreased significantly. Between 2009 and 2018 several business efficiency projects were carried out regarding INA’s upstream portfolio. In 2018 INA’s management has approved INA Downstream 2023 New Course, which is an HRK 4 billion investment project. It is a comprehensive program focused on ensuring sustainability and profitability of Refining. The program includes concentration of the crude refining activity within Croatia in the Rijeka Refinery with new DCU unit and, as a part of this move, conversion of the Sisak Refinery to industrial site. INA expects that the program will increase the yearly EBITDA by HRK 1+ billion.