Lukoil Serbia

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Lukoil Serbia
Native name
Лукоил Србија
Company typePublic
BELEX: LOIL
IndustryPetroleum industry
PredecessorBeopetrol
FoundedBelgrade, Serbia (December 7, 1990 (1990-12-07))
Headquarters,
Key people
Andrei Cucu (CEO)
ProductsPetroleum
Natural gas
Petrochemicals
ServicesFilling stations
RevenueDecrease 264.71 million (2013)[1]
Decrease -€27.87 million (2013)[1]
Total assetsIncrease €251.29 million (2013)[1]
Total equitySteady €0 (2013)[1]
OwnerLukoil Europe Holdings (98.85%)
Akcionarski Fond (0.52%)
Others
Number of employees
176[1]
ParentLukoil
SubsidiariesBeopetrol Pristina
Websitewww.lukoil.rs

Lukoil Serbia (full name: Društvo za promet naftnih derivata Lukoil Srbija a.d.) is a Serbian petroleum company with headquarters in Belgrade, Serbia. The company's main activities include retail and wholesale trade of oil and oil derivatives. It has a subsidiary Beopetrol Pristina in Kosovo.

History

The company was established during the Yugoslav wars. On 7 December 1990, the unit of INA Trgovina in Serbia unilaterally formed a separate company and by 1991, it started to operate all INA properties in Serbia, including 200 petrol stations, nine warehouses, around a hundred trucks and 40 tank-trucks, and several vehicle maintenance shops. In May 1992, the company was renamed to Beopetrol. On September 26, 2003, the Privatization Agency of the Government of Serbia sold Beopetrol to Lukoil. Lukoil paid €207 million for 79.5% of shares.[2][3] Another company who participated on the privatization tender, was Hungarian MOL Group.[4] After privatization the company was renamed Lukoil-Beopetrol.

Lukoil Gas station in Valjevo

Management

The chairman of the board and the chief executive officer is Andrei Cucu.

References

  1. ^ a b c d e Основни подаци из годишњег финансијског извештаја за обвезника ревизије за 2013. годину. Agencija za privredne registre Srbije (in Serbian). Retrieved 17 June 2014.
  2. ^ Gordana Filipovic (2006-12-13). "Serbs, Russia initial Soviet era debt deal". Reuters. Retrieved 2009-04-04.
  3. ^ Marta Srnic, Vladimir Todres (2003-09-19). "LUKoil wins bid for Beopetrol". Alexander's Gas and Oil Connections. Retrieved 2009-04-04.
  4. ^ "MOL submitted an offer for the purchase of a 79.5 % shareholding in Beopetrol" (Press release). MOL. 2003-09-19. Retrieved 2009-04-04.

External links