Gazprom is officially new NIS owner

Russia's Gazpromneft has officially taken control of Serbia's oil monopoly NIS this Tuesday.

Izvor: B92

Tuesday, 10.02.2009.

15:18

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Russia's Gazpromneft has officially taken control of Serbia's oil monopoly NIS this Tuesday. The Russian company, which is the oil arm of gas and oil giant Gazprom, held a shareholder assembly in Novi Sad today, electing a new NIS board of directors, with Dmitry Malyshev as its president. Gazprom is officially new NIS owner Kirill Kravchenko, vice chairman of the management board of Gazpromneft, was appointed new NIS CEO. Earlier, Prime Minister Mirko Cvetkovic met with a Gazpromneft delegation to discuss the company’s plans for NIS. According to a statement from the government, the Gazpromneft delegation, led by CEO Aleksandr Dyukov, stated that the strategic goal of the new owners was to turn NIS into the leading oil producer in South-East Europe. NIS’s new board of directors, which features six Russian and five Serbian members, was also elected at the shareholder assembly session today. On February 2, Gazpromneft paid Serbia EUR 400mn for a 51 percent stake in NIS, while also committing to invest EUR 547mn in the company’s modernization from now until 2012. NIS is the only company in Serbia entitled to produce derivatives, and owns two refineries and over 500 petrol stations. Dmitry Malyshev is seen in Belgade today (Tanjug)

Gazprom is officially new NIS owner

Kirill Kravchenko, vice chairman of the management board of Gazpromneft, was appointed new NIS CEO.

Earlier, Prime Minister Mirko Cvetković met with a Gazpromneft delegation to discuss the company’s plans for NIS.

According to a statement from the government, the Gazpromneft delegation, led by CEO Aleksandr Dyukov, stated that the strategic goal of the new owners was to turn NIS into the leading oil producer in South-East Europe.

NIS’s new board of directors, which features six Russian and five Serbian members, was also elected at the shareholder assembly session today.

On February 2, Gazpromneft paid Serbia EUR 400mn for a 51 percent stake in NIS, while also committing to invest EUR 547mn in the company’s modernization from now until 2012.

NIS is the only company in Serbia entitled to produce derivatives, and owns two refineries and over 500 petrol stations.

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