We are a modern, vertically integrated energy company, one of the
largest of in Southeast Europe. Our strategic goal is to become regional
leader by 2020. Implementing new technologies and increasing efficiency
are central to this strategy.
Main business activities of the company are:
With a long tradition and high-quality resources, NIS is the only company
in Serbia which deals with exploration and production of crude oil and
gas, as well as with production of geothermal energy. These activities
were undertaken in Upstream. The majority of NIS oil fields are located
on the territory of Serbia, but the Company has business operations in
Serbia, as well as in the region: Bosnia and Herzegovina, Hungary,
NIS refining complex consists of two refineries, located in Pančevo
and Novi Sad, which produce a whole range of petroleum products –
from motor gasoline and diesel fuel to mechanical lube oils and
feedstock for the petrochemical industry. Implementation of the
reconstruction and modernisation programme is crucial for development
in this area. Completion of construction of the Mild Hydrocracking and
Hydrotreating Plants (MHC/DHT) by the end of 2012 is the biggest
investment so far, owing to which NIS will completely transform its
production and will start producing fuels in compliance with the Euro 5
SALES AND DISTRIBUTION OF PETROLEUM PRODUCTS
Activities in Sales and Distribution of Petroleum Products are directly
organised in order to satisfy customers’ needs. NIS owns the largest
network of petrol stations in Serbia- 417, 10 loading terminals, 18 LPG
bottle shops, and a network of depots across Serbia.
Oilfield Services perform activities related to: geophysical exploration;
drilling, workover and equipment of oil and gas wells; special operations
and measuring for oil, gas and water wells; maintenance and overhaul of
facilities and equipment, construction of pipelines, installations and oil
and gas technological systems, as well as transportation of equipment
Seasoned staff and modern equipment make it possible for the Oilfield
Services to operate all over the world (former Soviet republics, Asia
Minor, North Africa), and successfully compete with global companies.
NIS formed the Energy organisational unit in compliance with the
development strategy, recognising the key activities: positioning NIS as
an important energy company in Serbia and the region, increasing the
utilisation of renewable energy sources (geothermal energy, solar and
wind energy), conventional energy production (cogeneration, generation
of electrical energy by constructing large heating plants)
NIS AT FIRST GLANCE
• One of the largest vertically integrated energy companies in Southeast
• Public company:
– 56.15% Gazprom Neft
– 29.88% Republic of Serbia
– 13.97% minority shareholders
• Six main business activities:
– Exploration and Production of Crude oil and Gas
– Refining of Crude Oil and Gas
– Oils and Lubes
– Oilfield Services
• International company
– Bosnia and Herzegovina, Bulgaria, Romania, Hungary, Montenegro,
Angola, Egypt, Turkmenistan
• Biggest contributor to the Serbian budget (13% of the budget)
• The most successful company in Serbia
• One of the biggest investors in the Balkans
In accordance with our mission and visoin, we are dedicated to
resposible use of natural resources and sustainable development,
implementation of modern technologies, increase in total efficiency and a
European standard in products and services. We nurture a high level of
corporate managemnet and environmental responsibility.
Basic production capacities are located in Serbia, which, owing to its
geographical position, is a natural centre of trade and investment in the
Balkans. NIS headquarters are in Novi Sad, and the Business Centres
are in Novi Sad and Belgrade.
NIS is the first company from Serbia to set up a permanent
Representative Office in EU’s effective capital – Brussels, in order to
ensure a faster implementation of European standards in business and
production, and to help with the EU integration of Serbia.
• NIS is the biggest investor in Serbia in 2011 (mild hydrocracking and
hydrotreating complex – EUR 396 million)
• NIS owns the biggest retail network in Serbia ( 85% of the total
petroleum products market)
• NIS introduces modern technologies to all segments of its business
• NIS was the first to introduce fuel based on European quality standards
to the Serbian market.
• NISOTEC oil and lubes are winners of multiple awards at fairs.
• NIS shares are listed in BELEKS 15 – index of the most liquid
companies on the Belgrade Stock Exchange
• NIS is one of the most attractive employers in Serbia (always
responsible towards its employees, strategically cooperating with
universities in Belgrade and Novi Sad, and a part of the Serbian
Government’s First Chance internship programme).
• NIS is a socially responsible company which supported over 100
cultural, sports, science programmes and young talents in 2011 alone.
The Company has a rich history, and was established, in its present
form, in 1991 as a public company for exploration, production, refining
and trade in crude oil, petroleum products and natural gas. In 2005, the
Company was transformed into a joint stock company, and in 2009, the
Russian company Gasprom njeft. became the majority shareholder,
which marks the beginning of a new phase in the development of the
company, with a focus on modernisation, and a more efficient and
profitable way of doing business.
Gazprom Neft owns 56.15% of NIS shares, while 29.88% are owned by
Republic of Serbia. The remaining shares belong to citizens, employees,
former employees and other minority shareholders, hence the company
having around 3 million shareholders (on September 30, 2011). NIS
shares are listed on the Belgrade Stock Exchange.