Hungarian energy company MOL Group and the Serbian government have signed a shareholder agreement outlining the future governance of Naftna Industrija Srbije (NIS), the Serbian oil and gas company. The agreement establishes a framework for decision-making processes and future management of NIS, aiming for clearer operational structures. Details of the agreement weren’t immediately disclosed, but it signifies a continuation of the partnership between MOL and Serbia in the energy sector. This follows previous collaborations and investments by MOL in NIS. The agreement intends to streamline operations and enhance efficiency within the Serbian oil industry. Both parties expressed commitment to the long-term success of NIS under the new governance structure. The deal aims to ensure transparent and well-defined procedures for key decisions affecting the company’s direction.