Lukoil Serbia

Lukoil Serbia
Native name
Лукоил Србија
Company typeJoint-stock company
BELEX: LOIL
IndustryPetroleum industry
PredecessorBeopetrol
Founded7 December 1990; 34 years ago (1990-12-07)
Headquarters
Bulevar Mihajla Pupina 165d, Belgrade
,
Serbia
Key people
Igor Semenychev (CEO)
ProductsPetroleum
Natural gas
Petrochemicals
ServicesFilling stations
RevenueIncrease €237.68 million (2017)[1]
Increase €15.87 million (2017)[1]
Total assetsDecrease €42.24 million (2017)[2]
Total equitySteady €0 (2017)[2]
OwnerLukoil Europe Holdings (98.85%)
Akcionarski Fond (0.52%)
Others
Number of employees
156 (2017)
ParentLukoil
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. Majority owned by Lukoil, the company's main activities include retail and wholesale trade of oil and oil derivatives in Serbia.

History

Lukoil Gas station in Valjevo

The company was established in the midst of breakup of Yugoslavia. 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 26 September 2003, the Privatization Agency of the Government of Serbia sold Beopetrol to Lukoil. Lukoil paid €207 million for 79.5% of shares.[3][4] Another company who participated on the privatization tender, was Hungarian MOL Group.[5] After privatization the company was renamed Lukoil-Beopetrol.

As of 31 December 2016, Lukoil Serbia with 114 filling stations is the second largest petroleum company in Serbia in terms of market network.[6]

References

  1. ^ a b "БИЛАНС УСПЕХА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.
  2. ^ a b "БИЛАНС СТАЊА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.
  3. ^ Gordana Filipovic (2006-12-13). "Serbs, Russia initial Soviet era debt deal". Reuters. Archived from the original on February 1, 2013. Retrieved 2009-04-04.
  4. ^ Marta Srnic, Vladimir Todres (2003-09-19). "LUKoil wins bid for Beopetrol". Alexander's Gas and Oil Connections. Archived from the original on 2004-10-24. Retrieved 2009-04-04.
  5. ^ "MOL submitted an offer for the purchase of a 79.5 % shareholding in Beopetrol" (Press release). MOL. 2003-09-19. Retrieved 2009-04-04.
  6. ^ "ИЗВЕШТАЈ О СЕКТОРСКОЈ АНАЛИЗИ ТРЖИШТА ТРГОВИНЕ НА МАЛО ДЕРИВАТИМА НАФТЕ У 2016. ГОДИНИ" (PDF). kzk.gov.rs (in Serbian). Република Србија Комисија за заштиту конкуренције. p. 14. Retrieved 17 March 2019.