Hungarian energy company MOL and the Serbian government have finalized an agreement for the acquisition of Serbian oil and gas company NIS. The deal concludes a prolonged negotiation process between the two parties. All outstanding issues were resolved ahead of schedule, signaling a swift path forward for the transaction. Details regarding the financial terms of the acquisition were not immediately disclosed. This acquisition strengthens MOL’s regional presence and expands its operations in the Balkan energy market. The agreement is expected to be subject to regulatory approvals in both Hungary and Serbia. The move represents a significant development in the energy landscape of the region.