Tag: INA

Energy sector still dominates Croatia’s economy – Croatia, 06 July 2020

According to a preliminary analysis of Croatian economy in 2019 by the Fina financial agency, national oil company INA generated the highest revenues (2.86 billion euros) among Croatian companies in 2019, while state-owned power utility HEP generated the highest profit of 146 million euros. The p Full article available for subscribers of Energy NEWS service […]

INA seeks strategic investment status for its ethanol plant in Sisak – Croatia, 23 June 2020

Croatian oil company INA has submitted a request to the Ministry of Economy for its biorefinery project in Sisak to receive a status of strategic investment. According to the company, the project is worth around 250 million euros and the investment will be partially covered by the EU Innovation Fund Full article available for subscribers […]

Crosco to lay off 200 workers – Croatia, 19 June 2020

Crosco, a member of the INA Group that provides drilling services for exploration and production of oil and gas, could soon lay off about 200 workers. This is more than 20 % of the total number of its employees. The company faces operational problems caused by the coronavirus pandemic, low oil pr Full article available […]