Friday, June 1, 2007

1.How to invest money in Croatia - INA Industrija Nafte

Today I'd like to point out two croatian companies traded on London Stock Exchange as a GDR. So you can easily invest in.

INA Industrija Naftec (HINA)

It is vertically integrated oil and gas company based in Croatia. Co. is engaged in operating in oil and gas exploration and production, refining and marketing of oil products. Its subsidiaries are engaged in LPG business, natural gas transportation and providing integrated oilfield services. Co. is also responsible for gas imports into Croatia. Co. also operates refineries and lubricant plants which support Co.'s crude oil and distribution networks.

P/E ratio is quite high at 26. I added 6months technical chart for HINA.


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