NIS Company Profile English

NIS COMPANY PROFILE •
1
COMPANY
PROFILE
NIS is one
of the largest
vertically integrated
energy companies in
the South-East
Europe
NIS is the greatest

profit-making commercial
entity in Serbia satisfying
75% of total market demand
for petroleum products and
contributing approximately
12% to the Republic
budget in average
2 • NIS COMPANY PROFILE

ABOUT NIS
The main strategic goal of NIS by 2020 is to

become the most efficient, fast-growing energy
company in the Balkans, while maintaining the
leading position on the Serbian market.
NIS Company performs oil and gas In 2012, NIS began expanding its operations in
exploration, production, and refining, the fields of electricity generation, wind
sales and distribution of petroleum generation, and geothermal energy.
products, and implementation of
petrochemical and energy projects. Gazprom Neft owns 56.15% of the NIS’
share capital, whereas 29.87% of shares
In Serbia, NIS owns a refining compound, is owned by the Republic of Serbia. The
with two units, one in Pancevo and the remaining shares are owned by the
other in Novi Sad, an LPG production unit, citizens, employees, former employees,
as well as a network of petrol stations in and other minority shareholders.
Serbia and the neighboring countries. The Company had around 2,4 million
shareholders at the end of March 2013.
In 2011, the Company started its regional
expansion in two business directions:
oil and gas exploration (in Bosnia and
Herzegovina, Hungary, and Romania)
development of the retail network (in Bosnia
and Herzegovina, Romania, and Bulgaria)
around shareholders

3
MISSION
By responsibly using natural resources
and advanced technologies, we provide
people of the Balkans with energy
to strive for improvement
VISION
NIS as a renowned leader among
energy companies in the Balkans region
demonstrating a high level of social and
ecological responsibility and providing
its clients with up-to-date services

Values our employees promote:
EXPERTISE
Gaining up-to-date
knowledge with the goal
of constant professional
development, and the ability
to implement it in an
actual business POSITIVISM
processes
AND
COOPERATION
Readiness to participate in multifunctional groups and projects,

eagerness to meet demands of colleagues from other units of the
company, willingness
to exchange information, ability
to work in a team
INITIATIVE
AND
RESPONSIBILITY
Finding and suggesting new

solutions both in the working
environment, and in the
sphere of company
interests
COLLECTIVE
RESULTS
Collective effort in achieving a

visible and meaningful result,
a desire to succeed and
provide each other with
needed assistance

5
STRATEGY
MILLION
tons of crude and gas produced
The Strategy by 2020 is

defined through “Five
Fives”:
MILLION
tons refined
MILLION
tons oil product sold
EURO
standard of process and result
THOUSAND
dinars value of NIS’ shares

7
NIS will
continue to
follow the trend
of resource base
development in relation
to the oil and gas
production
NIS exploits
around 600 oil wells.
The most significant oil
fields are the following: Velebit,
Kikinda, Mokrin Rusanda, Elemir,
Kikinda-varos, and Turija Sever.
Natural gas is produced from around
100 wells. The most significant gas
fields are the following: Medja,
Martonos, Itebej, Torda
Plitko, and Milosevo

BUSINESS ACTIVITIES
Exploration and Production
NIS is the only company in Serbia which performs oil and gas
exploration and production, as well as geothermal energy production.
Geological oil and gas explorations in Serbia Geothermal water production capacities are geological exploration, designing and moni-toring
have been carried out for more than 60 years situated in the following locations: Kanjiza, Ju- of geophysical works, processing and
and, in that period, 2,244 exploratory and nakovic, Becej, Mokrin, Palic, Melenci, Kikin-da, interpretation of geological and geophysical data,
development oil and gas wells and 75 hydro- Banatsko Veliko Selo, Kula, and Temerin. geological modeling and assessment of
thermal wells have been drilled. 63 oil and gas hydrocarbon reserves, design of reservoir
fields have been identified with 271 reservoirs. development and monitoring projects, provi-sion
LPG is produced in the Elemir produc-
of design services, laboratory and consul-tancy
tion unit. The unit of capacity of 63,000
services, creation and implementation of the
Geological researches have been carried out tons of liquid petroleum gas and gas-
production and environmental control and
on the territory of Serbia and in the oline per year has been installed.
environmental monitoring programs.
neighboring countries, in accordance with the
Science and Technological Center of NIS-
adopted Geological Exploration Works
Naf-tagas (STC NIS-Naftagas) is a daughter
Strategy for the period 2011-2020. Pur-suant The goal is to develop STC NIS-Naftagas into a
company 100% owned by NIS j.s.c.
to this document, an increase in oil and gas regional base, in order to meet the demands of
production is planned, as well as an increase NIS, Gazprom Neft, and their daughter
in energy generating product reserves. In STC NIS-Naftagas provides scientific and companies, as well as to provide services to
addition, by the end of 2020, around 450 technical and innovative support in operations of third parties outside the Company.
million Euros is planned to be invested into the Exploration and Production Block and other
geological exploration works in the territory of Blocks of NIS j.s.c., with the aim of production
Vojvodina and Serbia, south-ward from the increase, resource/value increase, and risk and
rivers Sava and Danube. operative costs minimization.
Production comprises the processes of pro- In accordance with the mother company’s
duction, gathering, preparation and transpor- strategy, the major directions of the STC
tation of oil, natural gas and geothermal wa- NIS-Naftagas business activity are the follow-
ter, preventive and emergency maintenance ing: performance of scientific, research and
of the system and associated infrastructure. development works (SRDW), designing of
oil
and gas
The production is performed from oil gas
42 oil and gas fields: fields fields fields

9
Modernization
of Pancevo
Oil Refinery is an
important environmental
investment, given the fact
that the hazardous emission
of substances into the
atmosphere, water, and
soil is practically
terminated

REFINING
The crucial element of modernization program is construction of

the mild hydrocracking and hydro processing compound
(MHT/DHT) that has enabled NIS’ to make a full transfer to the
production of ecologically clean fuel of European quality.
Pancevo Oil Refinery The most competent companies from of Novi Sad Refinery, suitable for pro-
Serbia, Japan, Czech Republic, Rus- duction of naphthenic base oils, due to
NIS has finished the first phase of sia, France, Italy and other countries its chemical composition. The base oil
Pance-vo Oil Refinery modernization, were hired for implementation of the production volume is planned to amount
hence enabling the transfer to production Refinery modernization project.. Up to to around 180,000 tons per year.
of European quality fuel. This will secure 2,000 people were engaged in the con- Project implementation requires more than
the strategic leading position for the struction of new units and, five million 100 million USD investments in the
Company in the regional market of petro- hours have elapsed since January 2010 equipment and technology by 2015, when
leum products, while contributing to the without an occupational injury at the the start-up of modernized pro-duction
energy stability in the Republic of Serbia. construction site of new compound. compound is scheduled. The entire
production in Novi Sad Refinery will be
Thus Gazprom Neft company, as a aligned with the most demanding
Novi Sad Oil Refinery
strategic partner, has fulfilled its com- requirements of the European Union (EU)
mitment which it assumed based on the NIS has adopted the strategy of base oil in the field of environmental safety.
International Strategic Cooperation production in Novi Sad Oil Refinery, The base design will be developed
Agreement in the field of Energy, signed which represents the second phase of by Chevron Lummus Global USA
between Russia and Serbia in 2008. the NIS production capacity moderni- (CLG) Company. This company’s
Pursuant to this Agreement, more than 540 zation program. The basic raw material engagement is a warranty that cut-
million EUR has been invested in the in the production will be “Velebit” type oil, ting-edge technological solutions
renewal of the NIS’ refining capacities. produced in the immediate vicinity will be employed in the project.
hours since January 2010 have

elapsed without an occupational injury

11
high technology products and a range of
logistic advantages will secure for NIS
one of the leading positions in the field of
lubricants in the South-East Europe.
NIS’ Products
Lubricants
Lubricants are specific segment of NIS’

business operations comprising de-
velopment, production and sale of oils and
technical fluids for the consumer,
commercial, and industrial segment.
NISOTEC production program includes a
wide range of products whose quality
meets the most up-to-date requirements of
vehicle and equipment manufacturers.
High quality products, latest technolog-ical
solutions, technical services, and a
modern sales approach have ensured a
fast growth and the leading position on the
Following the modernization and revi- Implementation of this project will give Serbian market as well as penetra-tion in
talization, it is planned that Novi Sad Oil and additional momentum to the Serbian the markets of all the countries in the
Refinery will produce, beside base oils, industry enable preserving of the existing region. Lubricants business has rounded
middle distillates for the needs of Pance- jobs and opening of new ones, and it will its products range with Gazprom Neft
vo Oil Refinery, heavy fuel oil, bitumen, have a positive effect on Serbia’s foreign Lubricants premium products under the
Euro Diesel, and straight run gasoline. trade balance. The new commercial name of G-Energy.
Eur is planned investment for

Novi Sad Refinery equipment

NIS refineries
produce a wide range
of petroleum products and
natural gas products which
comply with international quality
standards and refinery manufacturer’s
specifications: engine fuel of Euro
5 standard, aviation fuel, liquid
petroleum gas (LPG), oils and
lubricants, fuel oil, bitumen,
petrochemical and other
products
In line with
the Company's
development strategy,
the annual oil refining
volume is expected to
reach five million
tons by 2020

13
NIS exports
fuel oil, propylene,
benzene, toluene,
bitumen, jet fuel, straight
run fuel, Diesel D-2, BMB-95
gasoline, and Euro Diesel, into
Hungary, Romania, Croatia,
Bulgaria, Montenegro,
Macedonia, and
Ukraine
NIS’ goal by 2020

is to have a network
comprising from 800 to
1.000 petrol stations in Serbia
and Europe, notably under
two brands: GAZPROM Petrol
Stations, as the premium
brand, and NIS Petrol, as
the mass brand

SALES AND DISTRIBUTION
Structure of NIS sales and distribution includes domestic sociation that controls all segments of air
traffic. In late 2011, NIS acquired three
wholesale deliveries of crude oil, gas, petroleum products, new specialized tanks to supply “Nikola
Tesla” Airport. Owing to this investment
array of non-fuel products as well as the retail sale of final that is worth one million Euro, NIS has
secured long-term regular, timely, and safe
petroleum products in the country and abroad sup-ply of aircrafts in the Belgrade airport.
NIS has the largest retail network of pet- neighboring countries: NIS is the leading • Supplying of ships with Diesel and Euro
rol stations in Serbia (around 350 petrol supplier of airline companies with jet fuel Diesel at special stations for vessels
stations) and it has started expanding this and aviation fuel in Serbia. Over 92% of (bunker-stations): Bunker stations
segment in the countries of the Balkans aviation fuel sales in Serbia is conducted in Novi Sad and Veliko Gradiste are
region (Bosnia and Herzegovina, Bul- through NIS. One sales channel is fuel situated at the Danube River, the most
garia, and Romania). Two million tons of supply for aircrafts in two international important waterway in Serbia. The
fuel produced in NIS’ refineries in Serbia airports, in Belgrade and Nis and the facilities equipped with the latest tech-
will be sold on these petrol stations. second one includes exportation of avi- nical and ecological equipment and
Furthermore, the Company has a net- ation fuel into the neighboring markets, high-quality fuel, provide foreign and
work of petroleum products storages in primarily those of Romania and Hungary. domestic ships with a reliable supply.
Serbia and it has a modern vehicle fleet Quality of jet fuel produced by NIS meets NIS’ goal is to become a leader on the
for petroleum products transportation. All the criteria of international and domestic national bunkering market in several
fuel types are subject to a strict reg-ular standards for this type of aviation fuel. The years. In order to achieve the set goals,
laboratory control and they comply with accredited laboratory within the Aeroser- the Company plans to launch two more
domestic and international standard vice facility performs aviation fuel testing. bunker stations in 2013, in Smederevo
At “Nikola Tesla” airport in Belgrade, NIS and on the Croatian border, to open
requirements. Network operations effi-
owns a modern facility for storage and special bunker stations for supplying
ciency has been increased due to intro-
distribution of aviation fuel which is, at the boats and yachts, to acquire a ship that
duction of cutting-edge technologies.
same time, the best equipped facility of would supply large passenger ships
NIS develops these separate lines of with fuel, including a joint penetration
this type in the region. NIS Aeroservice
busi-nessoperations: meets the demanding standards in terms with “Marine Bunker” daughter compa-
Supplying aircrafts with jet fuel and avia- of reliable and efficient supplying, proven ny of Gazprom Neft into the market of
tion fuel and jet fuel exportation into the by high marks of IATA International As- Romania.
filling stations is planned network

in Serbia and Europe by 2015

15
NIS’ BRANDS new brand is planned in the territory of
Serbia, Bulgaria, Romania, as well as
Bosnia and Herzegovina. The first GAZ-
NIS Petrol brand has assumed a trendy
PROM Petrol Stations were opened in
visual identity which has retained the
Serbia and Bulgaria as early as in 2012,
characteristics of the old and renowned
whereas new openings are also planned
NIS Petrol brand, comprising two colors,
for Bosnia and Herzegovina and Romania.
red and white, while the blue inscription
By the end of 2013, GAZPROM Petrol
symbolizes synergy with Gazprom Neft
Stations network will include around
brand. The regional expansion of this
brand started by opening the first eight 120 petrol stations operated by NIS on
petrol stations in Bosnia and Herzegovina. the territory of the Balkans region. Every
new and reconstructed petrol station
NIS introduces new customer servicing
is equipped with modern multiplex fuel
standards and new technologies into dispensers and offers to its customers
operation of NIS Petrol stations, closely
the petroleum products of European
inspects fuel quality at our petrol sta- quality, as well as the top service (many
tions, and applies a flexible price policy.
of our facilities are open 24 hours a day,
have luxury stores with a wide range of
GAZPROM Petrol Stations brand repre- products, and are furnished with cafe
sents a milestone of NIS’ penetration into bars or restaurants with internet access,
the regional market with a new premium spacious parking lots, playgrounds, and
brand. Network development under the access paths for disabled persons).
st
GAZPROM stations will be hours are opened
station is opened by the many of NIS Petrol
opened in end of 2013 in the and GAZPROM
Belgrade Balkans region stations

4 countries
will have GAZPROM
retail network (Serbia,
BiH, Bulgaria,
Romania)

17
Oilfield Services
have the goal to
strengthen their position
in the region and in the
international market, therefore
their priority is to provide the best
possible quality of service, increase
of technical and technological
efficiency and ensure a growing
number of jobs in NIS and
other companies

OILFIELD SERVICES
Owing to modern equipment and experienced

personnel, the Oilfield Services Block
executes works in many foreign countries,
including the preparation for works in Hungary
and Bosnia which are currently underway.
Oilfield Services owns the full equipment, • maintenance and repair of facilities and
production units and transportation means equipment, construction of pipelines,
required for works execution. The servicing installation of oil and gas technological
capacities of NIS also provide services to systems, preparatory construction
third parties in the field of oil and gas explo- works for drilling and well workover.
ration and production:
Oilfield Services have the goal to
strengthen their position in the region
• geophysical testing - seismic,
gravi-metric, electromagnetic, and and in the international market, there-
geoelec-trical testing methods fore their priority is to provide the best
• construction, workover, and equipping possible quality of service, increase of
of oil, gas, and hydrothermal wells technical and technological efficien-cy
• execution of special operations and and ensure a growing number of jobs
well logging for oil, gas, and water: in NIS and other companies.
electric logging and hydrodynamic
measurements, cementing,
stimulation, and testing

19
Investments in
Novi Sad Thermal
Power Plant (TETO) are
planned to include two new
blocks of the capacity of 240
megawatts of electricity, which
will result in the total capacity
(with the existing blocks)
of 715 megawatts

ENERGY
“Plandiste” Wind Power Plant will be the

first wind farm in Serbia, with an annual
electricity generation of 230 GWh.
Transformation of NIS from a national total capacity (with the existing blocks) of
petroleum company into a regional energy 715 megawatts. New investments are
holding is incorporated in the Company’s also planned for the project of TETO
Development Strategy by 2020. In ac- Pancevo construction, which, according
cordance with this Strategy, in year 2011 to the current project version, has a ca-
NIS established a new organizational pacity of 200 megawatts of electricity.
unit - “Energy” Block, and within the first Block comprises: increased utilization of en-
year, the first steps were taken: “Plandiste” ergy in Serbia and natural gas in the region
Wind Power Plant will be the first wind as environmentally friendly fuel; utilization of
farm in Serbia, with an annual electricity environmentally friendly renewable energy
generation of 230 GWh. Furthermore, this sources; NIS’ energy efficiency improve-
is the first large energy facility that will be ment; use of modern technologies for ener-gy
constructed in Serbia after 25 years’ lull. production, including use of domestic fuel
Investments in Novi Sad Thermal Power sources with minimal impact on the envi-
Plant (TETO) are planned to include two ronment, as well as optimization of busi-ness
new blocks of the capacity of 240 mega- activity in electricity and natural gas trade in
watts of electricity, which will result in the the liberalized market conditions.
megawatts of
electricity is planned
capacity of TETO
Pancevo by 2015

21
COUNTRIES WHERE
NIS OPERATES
NIS established representative office in Brussels as In early 2013, NIS acquired OMV petrol
stations in Bosnia and Herzegovina, one of
a support to Serbia’s EU integrations while affiliated the most prominent networks on the
Bosnian market. In 2012, the first petrol
companies are in Bosnia and Herzegovina, stations started operating in the Republic
of Srpska. The network of 31 petrol sta-
Bulgaria, Hungary, Romania and representative tions shall operate under two NIS’ brands:
the premium GAZPROM Petrol Stations
offices in Russia, Croatia and Angola. and NIS Petrol targeting mass population.
Bulgaria
The Bulgarian market is one of the priority

In compliance with the long-term Angola
markets in the region for development of
development strategy, in 2010 and
NIS’ retail network. The affiliated company
2011, NIS started expanding the NIS has been operating in this country
“NIS Petrol EOOD” was registered in this
Company’s activity beyond Serbia. since 1980, and oil exploitation start-ed
country in mid-September 2011. NIS has
in 1985. From the moment of its
already acquired eight petrol stations in
Brussels establishment by the end of 2010, NIS
this country, whereas by the end of 2014,
produced around four million tons of oil
acquisition and construction of 68 petrol
NIS is the first Serbian company to open its from the concession oil fields in Angola.
stations is planned.
representative office in Brussels. Opening of NIS presently operates in two produc-
the Brussels office in 2011 is a part of NIS’ tion blocks in this country, on six wells
and in one exploration block, in the Hungary
business strategy, in order to gain the lead-
ing position in the oil and gas economy of the consortium with “Sonangol” company.
One of the leading countries for
region and to apply European standards and
execution of geological and exploration
cutting-edge technologies in the per-formance Bosnia and Herzegovina
works in the Pannonian basin.
of its business activities. NIS’ rep-resentatives
In late 2010, NIS and “Neftegazinkor”, a NIS’ partners in this countries are “Falcon Oil
in Brussels keep themselves up to date with
relevant directives and regulations of the daughter company of the Russian and Gas” (Canada) and RAG (Austria), with
European Union and con-tribute to the company “Zarubezhneft”, jointly estab- which NIS operates in three exploration
European debates in the fields of energy, lished “Jadran-Naftagas” – the company blocks in the vicinity of the Serbian border.
minimization of hazardous gas emission, and for exploration of hydrocarbon in the Commercial production from these
environmental protection. territory of the Republic of Srpska. wells is scheduled to start in 2014.

23
Romania administrative, and logistic support to
the NIS company, and facilitates coop-
In this country, geologically belonging to eration with Gazprom Neft company.
the Pannonian basin, NIS has started its
geological and exploration activity in six Turkmenistan
blocks, situated in the highly-yielding Belgium
region, in the Western part of the coun- For more than ten years, NIS’ services
try. Commercial production from these have been present in the Turkmenistan
wells is scheduled to start in 2014. market. some projects were implemented
In Romania, NIS cooperates with three in the past decade in which NIS’ drilling,
companies - Canadian “East West Pe- workover and geological monitoring
troleum”, Irish “Moesia Oil and Gas” and equipment were employed, as well
English “Zeta Petroleum”. Regarding the as NIS’ services of oil exploration and
retail network, acquisition and con- production equipment maintenance for
struction of 80 petrol stations is sched- other companies. At the moment, NIS’
uled to take place by the end of 2014. largest drilling rig “Nacional-1” is hired by
“Dragon Oil” company. In addition, seismic
testing by other companies operating
Russian Federation in Turkmenistan (RWE, Itera) have been
finished, hence announcement of new
NIS’ representative office in the Rus- tenders is expected, and the subsequent
sian Federation provides protocolary, start of exploration drilling activities.
Legend
Angola
Exploration and production
Sales
Refining
Representative offices or branch

Russia
Turkmenistan
Hungary Romania
Croatia
Serbia
Bosnia & Herzegovina Bulgaria

25
The sustainable
development represents
one of priority directions of
NIS NIS’ activity. The future we build
supports is the future of energy efficiency
numerous projects with an increased use of renewable
in the field of culture, sources, future of compliance with
science, sports, education, law and human rights, future
and humanitarian projects of optimal use of available
and projects that have a capacities and natural
high priority for the local resources
communities in which
NIS operates
NIS
invests in
all business areas:
exploration and production,
refining, retail network
development. Furthermore,
traditional and alternative
energy represent major
future investment
trends

SUSTAINABLE
DEVELOPMENT
The vision of NIS’ sustainable development lays

in achieving balance and reliability and focuses
on the responsibility to future generations.
NIS is a modern company, and the na- NIS has adopted the Corporate Management
ture of its prevailing business activities Code of the Company which comprises its own
is such that it requires special and con- principles of corporate management. The
stant attention that will ensure healthy, objective of the Code is to introduce approved
secure, and safe environment. For that business customs that should ensure a
reason, we develop plain and strict balanced influence of their carri-ers,
principles and standards, application consistency of the control system, and
of new clean technologies and partner strengthening of shareholders’ and inves-tors’
relationship with interested parties. trust in order to provide a long-term business
development of the Company.
Transparency of our business activ-

ities, confidence in partnership, and INVESTMENT
investment into employee safety,
health, and development, responsible NIS’ dynamic growth would not be
relation to environmental protec- possible without investments. Total
tion, investments into society, its investments into the development of all
business directions since the ar-rival of
demands and values, all form the
Gazprom Neft, a new majority owner,
backbone of the sustainable de-
into the Company amounted to almost
velopment principle we apply.
two billion Euro, which makes it the
largest investor in recent years in the
CORPORATE MANAGEMENT Balkans. As a result of invest-ment into
an accelerated retail network
For NIS, which strives to achieve its goals development, refining capacities and
and apply the most demanding standards environmental projects, in 2012, the
in all business areas, a high level of cor- Company was awarded the recognition
porate management is very significant in “Investor of the Year”. Future plans are
order to ensure protection of shareholders’ even more ambitious and investments
interests, successful business operations, will grow accordingly. The planned
maintaining of the market position and con- investment volume for 2013, 2014, and
tributing to the overall social development. 2015 amounts to 1.5 billion Eur.

27
NEW TECHNOLOGIES AND Key environmental projects of imization of possibility of groundwa-
ENVIRONMENTAL PROTECTION NIS in the previous period: ter and waterway contamination.
• Construction of petrol stations in
Equipment modernization, innovative • Pancevo Oil Refinery modernization, accordance with the most contem-
approach, and application of mod-ern resulting in a decrease of hazardous porary world standards (installation
technologies are a prerequisite for substances emission into atmos- of separators for oily waste water
advancement, competitiveness, and phere, whereas the process of ob- purification, installation of a double
gaining of regional leadership. taining EU standard 2009+ in gasoline lined tank, energy-efficient facilities)
and Diesel fuel production with an has resulted in noise reduction and
NIS has adopted the Concept of Innova- increased sulphur content have pro- adequate groundwater and soil pro-
tive and Science and Technical Activity duced a positive impact on the overall tection.
Development of the Company by 2020, environmental image in Serbia.
with the following goals: support to the • Construction of the spent acid regen- In the forthcoming period, significant
implementation of the Company’s strat- eration unit (SARU) has contributed investments are planned as well as some
egy, creating competitive advantages as to resolving the issue of storage and vital environmental improvements, by
to ensure a stable leading position in the safe disposal of hazardous waste, means of production process improve-
region and building an image including its transportation. ment and fuel production as per the Euro-
of a modern and innovative company • Reconstruction of Pancevo wharf pean quality standards. Strategic goals by
which applies the advanced techno- has contributed to prevention of air 2015 foresee almost 400 million Euro in-
logical solutions in its operations. pollution during oil and petroleum vestments, which is 6.5 times more than
The successful implementation of products loading and unloading the funds designated for environmental
planned projects and the Company and to elimination of the possibility protection, in line with the sales contract.
development strategy require contin- of groundwater and waterway Apart from the environmental projects, NIS
ual training and advancement of em-
contam-ination during petroleum will invest into the infrastructure pro-jects
products transshipment. with an environmental effect, petrol
ployees, including application of the
• Reconstruction of the waste water stations modernization, as well as in the
latest and best quality technologies in
treatment unit has led to an improve- energy efficiency projects which indirectly
the field of petroleum business.
ment of waste water quality and min- lead to environmental improvement.
billion Eur million Eur

is total will is foresee
investment amount for
volume for ecological
2013, 2014 projects by
and 2015 2015

NIS
continually
renovates its oil and
gas business, introduces
and improves the new methods
of oil and gas exploitation,
The builds new refining units,
Company’s automates its operations,
policy implies develops and modernizes
constant investment the retail network
into development of our
employees and managers,
providing possibility for their
professional and personal
advancement
Environmental
protection is one
of the key elements
of an efficient Company
management and, for this
reason, 2013 has been
declared the year of
ecology in NIS

29
HEALTH AND SAFETY AT WORK, for application and fulfillment of legal
INDUSTRIAL SAFETY, AND and other commitments, as well as the
ENVIRONMENTAL PROTECTION fulfillment of requirements of all inter-
est groups - owners, employees, social
NIS strives to achieve a most ration- community, partners, and the country.
al use of natural resources and de-
crease of negative impact on human
NIS AND ITS EMPLOYEES
life and environment by means of
improvement of HSE culture (Health,
One of the most important resources
Security, and Environment).
of NIS, as a modern and dynamic com-
pany, are its employees who contribute
The Company continually undertakes to the achievement of the Company’s
activities in the field of application of organizational goals through realiza-
demanding HSE standards, in accord- tion of their personal and professional
ance with international trends and potential. Therefore, the skilled and
regulations, being one of essential re- top quality personnel are the founda-
quirements imposed by the development tionthat NIS’ success is built upon.
of technical and technological process for
resource exploitation, as well as
by the growing awareness of health Continual investment into the develop-
ment of know-how, competences and
care and environmental protection.
skills of young talents and “successors”
enables the Company on a long-term
Our aim is to achieve a sustainable HSE basis to have the best employees at
integration into the everyday operations the key positions at any moment, and
and Company culture, being the basis we are extremely proud of this fact.

A great
attention is given to
the development of specific
employee training programs, such as
“Candidate Pool”, “Leader 2013”,
“Project Manager”, or “Young Experts”. NIS
Each of the above listed programs manages its
is intended for the development of exposure to risk,
maintaining it at the lowest
competencies of certain employee
groups, in order to train them so possible level, aiming to
they can contribute to the mitigate consequences of
achievement of Company’s long- unforeseen accidents in
term ambitious goals the fields in which the
Company performs its
business activities
The crown of
NIS’ success are the
best people from over 20
countries worldwide, and the
proof of its investment into
personnel is the title of the
Best Employer in 2012
awarded to NIS

31
NOTES

NOTES

33
CONTACT
www.nis.eu
www.nispetrol.rs
www.facebook.com/
NaftnaIndustrijaSrbije
www.twitter.com/NISrbije
www.youtube.com/user/NISrbije

35

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NIS Company Profile English

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NIS COMPANY PROFILE •

NIS is the greatest

2 • NIS COMPANY PROFILE

The main strategic goal of NIS by 2020 is to