Source: BANKAR | Thursday, 21.01.2021.| 10:50
Highlight an article Print out the news

NIS to Invest More Than RSD 20 Billion in 2021

Illustration
Illustration (Photo: QiuJu Song/shutterstock.com)
NIS CEO Kirill Tyurdenev has announced that the company will invest more than RSD 20 billion in development projects in 2021.

– We will invest in all the main areas of our business – research and production, processing and modernization of our retail network. We will focus on the most profitable projects in Serbia and the region – Tyurdenev said in an article he wrote for the Newsletter of the National Oil Committee of Serbia.

As one of the key projects to be realized this year, he highlighted the commissioning of the Thermal Power/Heating Plant Pancevo, which NIS is building in partnership with Gazprom Energoholding.

The CEO of NIS said that the year 2020 had been extremely challenging due to the sudden drop of the price of oil and the circumstances related to the COVID-19 pandemic, pertaining, among other things, to the considerably reduced demand for oil and oil products.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE