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Representatives of the Hungarian oil company MOL are arriving this week at Oil industry of Serbia (NIS) to begin the crucial due diligence process – a detailed, multi-month in-depth review of the entire company’s operations. This is far from a routine visit: the plan includes inspections of all key assets – the Pančevo Oil Refinery, Petrohemija, the distribution network with hundreds of petrol stations, storage terminals, and critical infrastructure. Due diligence is the standard step in any serious process of strategic partnership, recapitalization, or change in ownership structure within the oil industry. The arrival of the MOL team signals that discussions, which until now have remained at the level of political and strategic contacts, are moving into a concrete, operational, and financial phase.
