BUDAPEST — Hungarian oil and gas group MOL said Monday that Surgutneftegaz, which holds a 20 percent stake in MOL, has sued it to get listed on its share register.
“Surgutneftegaz initiated litigation against the company … to make void the resolution … on the refusal of Surgutneftegaz’s registration into the share register,” MOL said in a statement posted on the Budapest Stock Exchange web site.
The Russian energy giant bought one-fifth of Hungary’s largest company by revenue last year from Austria’s OMV. MOL has said it considers the company a financial investor.
The first hearing will be Dec. 3, the statement said.
MOL shares closed Monday’s trading 0.9 percent lower against a 0.6 percent fall in the wider market. Surgutneftegaz’s stock gained 1.6 percent in Moscow, in line with the wider market.