Croatian oil and gas company INA, said on
Wednesday it plans to pay a dividend of 15 kuna ($2.2/1.98 euro) per
share.
The company plans to distribute as dividend 150 million kuna from
retained earnings, it said in a filing to the Zagreb bourse.
The proposal
will be put to a vote at a general assembly scheduled for June 12.
INA,
which paid no dividend for 2013, saw its consolidated loss rise 26% to 1.9
billion kuna in 2014 due to the fall in oil prices and further impairment of its
investments in Syria.
The Zagreb-based INA Group employs over 13,000 and
abroad has oil and gas exploration and production operations in Angola and
Egypt.
Hungarian oil and gas group MOL owns 49.08% of INA and the
Croatian government controls a further 44.84%. In September 2013, the two sides
launched talks to renegotiate the terms for the company's management.