Tag: NIS

NIS significantly improved financial results in Q1 2021 – Serbia, 11 May 2021

NIS Group’s operations in the first quarter of 2021 were strongly influenced by circumstances arising from the coronavirus pandemic. Nevertheless, NIS has significantly improved its financial results compared to the first quarter of last year. Measures to improve operational efficiency and financ Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

NIS continues with exploratory activities within Obudovac project – Bosnia and Herzegovina, 27 April 2021

Serbian oil company NIS has completed a seismic survey project in the Republic of Srpska’s (RS) Posavina region, at Obudovac field located within the municipalities of Samac, Pelagicevo and Donji Zabari. The survey covered the area of some 135 square kilometers nad the works were completed in the Full article available for subscribers of Energy […]

NIS to invest 170 million euros in 2021 – Serbia, 22 March 2021

CFO of Serbian oil company NIS Anton Cherepanov said that in 2021, despite the market instability, the company will invest more than 170 million euros in development projects. Cherepanov said that the main goal in 2021 is to ensure stable operations of NIS and continue with further development. T Full article available for subscribers of […]