Browsing: Serbia Oil Industry

In 2021, despite the market instability Serbian oil company NIS will invest more than 170 million euros in development projects, said CFO of NIS Anton Cherepanov.…

In 2008, Comico Oil, local subsidiary of US-Dutch company Comico Overseas, and the municipality of Smederevo have signed the Memorandum of understanding regarding construction of the…

Serbian oil company NIS is majority owned by Russian GazpromNeft which holds 56.15 % stake, 29.87 % is held by the Serbian state and the rest…

The value of the Petrohemija’s factory is between 100 and 150 million euros. Oil company NIS, which already holds shares in Petrohemija, would recapitalize it in…

In the period January-September of the current year, oil and gas industry was affected by adverse global trends, reduced demand for petroleum products, before all, due…

Crucial part of the second phase of Pancevo oil refinery modernization is deep processing unit. Serbian Minister of Finance Sinisa Mali met with General Director of…

Despite the crisis caused by the pandemic, NIS will continue to invest in capital projects that will contribute to its further development, said Kiril Tyurdenev General…

NIS recorded a net loss in the first half of 2020. NIS’ operations were strongly influenced by adverse global macroeconomic circumstances. This primarily relates to the…

In the period after lifting of the state of emergency in Serbia, the focus of NIS remains safe business, the health of our employees and consumers,…

Serbian oil company NIS distributed dividends for 2018 in the amount of 0.34 euros/share. The company is majority owned by Russian GazpromNeft which holds 56.15 %…