Lukoil Serbia

Lukoil Serbia
	Official logo
Native name	Лукоил Србија
Type	Joint-stock company
Traded as	BELEX: LOIL
Industry	Petroleum industry
Predecessor	Beopetrol
Founded	7 December 1990
Headquarters	Bulevar Mihajla Pupina 165d, Belgrade, Serbia
Key people	Igor Semenychev (CEO)
Products	Petroleum; Natural gas; Petrochemicals
Services	Filling stations
Revenue	€237.68 million (2017)[1]
Net income	€15.87 million (2017)[1]
Total assets	€42.24 million (2017)[2]
Total equity	€0 (2017)[2]
Owner	Lukoil Europe Holdings (98.85%); Akcionarski Fond (0.52%); Others
Number of employees	156 (2017)
Parent	Lukoil
Website	www.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

"БИЛАНС УСПЕХА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.
"БИЛАНС СТАЊА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.
Gordana Filipovic (2006-12-13). "Serbs, Russia initial Soviet era debt deal". Reuters. Retrieved 2009-04-04.
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.
"MOL submitted an offer for the purchase of a 79.5 % shareholding in Beopetrol" (Press release). MOL. 2003-09-19. Retrieved 2009-04-04.
"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.

External links

Official website

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[report2017-1] "БИЛАНС УСПЕХА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.

[assets2017-2] "БИЛАНС СТАЊА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.

[reuters131206-3] Gordana Filipovic (2006-12-13). "Serbs, Russia initial Soviet era debt deal". Reuters. Retrieved 2009-04-04.

[alex190903-4] 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.

[mol190903-5] "MOL submitted an offer for the purchase of a 79.5 % shareholding in Beopetrol" (Press release). MOL. 2003-09-19. Retrieved 2009-04-04.

[market2016-6] "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.