Lukoil Serbia

Lukoil Serbia
Native name
Лукоил Србија
Public
Traded as BELEX: LOIL
Industry Petroleum industry
Predecessor Beopetrol
Founded Belgrade, Serbia (December 7, 1990 (1990-12-07))
Headquarters Belgrade, Serbia
Key people
Andrei Cucu (CEO)
Products Petroleum
Natural gas
Petrochemicals
Services Filling stations
Revenue Decrease 264.71 million (2013)[1]
Decrease -€27.87 million (2013)[1]
Total assets Increase €251.29 million (2013)[1]
Total equity Steady €0 (2013)[1]
Owner Lukoil Europe Holdings (98.85%)
Akcionarski Fond (0.52%)
Others
Number of employees
176[1]
Parent Lukoil
Subsidiaries Beopetrol Pristina
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. 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. 1 2 3 4 5 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.
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