NIS COMPANY PROFILE • 1

Transcription

NIS COMPANY PROFILE • 1
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
exploration, production, and refining,
sales and distribution of petroleum
products, and implementation of
petrochemical and energy projects.
In Serbia, NIS owns a refining compound,
with two units, one in Pancevo and the
other in Novi Sad, an LPG production unit,
as well as a network of petrol stations in
Serbia and the neighboring countries.
In 2012, NIS began expanding its operations
in the fields of electricity generation, wind
generation, and geothermal energy.
Gazprom Neft owns 56.15% of the NIS’
share capital, whereas 29.87% of shares
is owned by the Republic of Serbia. The
remaining shares are owned by the
citizens, employees, former employees,
and other minority shareholders.
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
NIS COMPANY PROFILE • 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
4 • NIS COMPANY PROFILE
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
processes
POSITIVISM
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
NIS COMPANY PROFILE • 5
6 • NIS COMPANY PROFILE
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
NIS COMPANY PROFILE • 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
8 • NIS COMPANY PROFILE
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
have been carried out for more than 60 years
and, in that period, 2,244 exploratory and
development oil and gas wells and 75 hydrothermal wells have been drilled. 63 oil and gas
fields have been identified with 271 reservoirs.
Geological researches have been carried
out on the territory of Serbia and in the
neighboring countries, in accordance with
the adopted Geological Exploration Works
Strategy for the period 2011-2020. Pursuant to this document, an increase in oil
and gas production is planned, as well as
an increase in energy generating product
reserves. In addition, by the end of 2020,
around 450 million Euros is planned to be
invested into geological exploration works in
the territory of Vojvodina and Serbia, southward from the rivers Sava and Danube.
Production comprises the processes of production, gathering, preparation and transportation of oil, natural gas and geothermal water, preventive and emergency maintenance
of the system and associated infrastructure.
The production is performed from
42 oil and gas fields:
Geothermal water production capacities are
situated in the following locations: Kanjiza, Junakovic, Becej, Mokrin, Palic, Melenci, Kikinda, Banatsko Veliko Selo, Kula, and Temerin.
LPG is produced in the Elemir production unit. The unit of capacity of 63,000
tons of liquid petroleum gas and gasoline per year has been installed.
Science and Technological Center of NIS-Naftagas (STC NIS-Naftagas) is a daughter
company 100% owned by NIS j.s.c.
STC NIS-Naftagas provides scientific and
technical and innovative support in operations
of the Exploration and Production Block and
other Blocks of NIS j.s.c., with the aim of
production increase, resource/value increase,
and risk and operative costs minimization.
geological exploration, designing and monitoring of geophysical works, processing and
interpretation of geological and geophysical
data, geological modeling and assessment
of hydrocarbon reserves, design of reservoir
development and monitoring projects, provision of design services, laboratory and consultancy services, creation and implementation
of the production and environmental control
and environmental monitoring programs.
The goal is to develop STC NIS-Naftagas
into a regional base, in order to meet the
demands of NIS, Gazprom Neft, and their
daughter companies, as well as to provide
services to third parties outside the Company.
In accordance with the mother company’s
strategy, the major directions of the STC
NIS-Naftagas business activity are the following: performance of scientific, research and
development works (SRDW), designing of
oil
fields
oil
and
gas
fields
gas
fields
NIS COMPANY PROFILE • 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
10 • NIS COMPANY PROFILE
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
NIS has finished the first phase of Pancevo Oil Refinery modernization, hence
enabling the transfer to production of
European quality fuel. This will secure
the strategic leading position for the
Company in the regional market of petroleum products, while contributing to the
energy stability in the Republic of Serbia.
Thus Gazprom Neft company, as a
strategic partner, has fulfilled its commitment which it assumed based on
the International Strategic Cooperation
Agreement in the field of Energy, signed
between Russia and Serbia in 2008.
Pursuant to this Agreement, more than
540 million EUR has been invested in the
renewal of the NIS’ refining capacities.
The most competent companies from
Serbia, Japan, Czech Republic, Russia, France, Italy and other countries
were hired for implementation of the
Refinery modernization project.. Up to
2,000 people were engaged in the construction of new units and, five million
hours have elapsed since January 2010
without an occupational injury at the
construction site of new compound.
Novi Sad Oil Refinery
NIS has adopted the strategy of base
oil production in Novi Sad Oil Refinery,
which represents the second phase of
the NIS production capacity modernization program. The basic raw material
in the production will be “Velebit” type
oil, produced in the immediate vicinity
of Novi Sad Refinery, suitable for production of naphthenic base oils, due to
its chemical composition. The base oil
production volume is planned to amount
to around 180,000 tons per year.
Project implementation requires more
than 100 million USD investments in
the equipment and technology by 2015,
when the start-up of modernized production compound is scheduled. The
entire production in Novi Sad Refinery
will be aligned with the most demanding
requirements of the European Union
(EU) in the field of environmental safety.
The base design will be developed
by Chevron Lummus Global USA
(CLG) Company. This company’s
engagement is a warranty that cutting-edge technological solutions
will be employed in the project.
hours since January 2010 have
elapsed without an occupational injury
NIS COMPANY PROFILE • 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
Following the modernization and revitalization, it is planned that Novi Sad Oil
Refinery will produce, beside base oils,
middle distillates for the needs of Pancevo Oil Refinery, heavy fuel oil, bitumen,
Euro Diesel, and straight run gasoline.
Implementation of this project will
give and additional momentum to the
Serbian industry enable preserving of
the existing jobs and opening of new
ones, and it will have a positive effect on
Serbia’s foreign trade balance. The new
Lubricants are specific segment of NIS’
business operations comprising development, 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 technological solutions, technical services, and a
modern sales approach have ensured a
fast growth and the leading position on
the Serbian market as well as penetration in the markets of all the countries
in the region. Lubricants business has
rounded its products range with Gazprom
Neft Lubricants premium products under
the commercial name of G-Energy.
Eur is planned investment for
Novi Sad Refinery equipment
12 • NIS COMPANY PROFILE
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
NIS COMPANY PROFILE • 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
14 • NIS COMPANY PROFILE
SALES AND DISTRIBUTION
Structure of NIS sales and distribution includes domestic
wholesale deliveries of crude oil, gas, petroleum products,
array of non-fuel products as well as the retail sale of final
petroleum products in the country and abroad
sociation that controls all segments of air
traffic. In late 2011, NIS acquired three new
specialized tanks to supply “Nikola Tesla”
Airport. Owing to this investment that is
worth one million Euro, NIS has secured
long-term regular, timely, and safe supply of aircrafts in the Belgrade airport.
NIS has the largest retail network of petrol stations in Serbia (around 350 petrol
stations) and it has started expanding this
segment in the countries of the Balkans
region (Bosnia and Herzegovina, Bulgaria, and Romania). Two million tons of
fuel produced in NIS’ refineries in Serbia
will be sold on these petrol stations.
• Supplying of ships with Diesel and Euro
Diesel at special stations for vessels
(bunker-stations): Bunker stations
in Novi Sad and Veliko Gradiste are
situated at the Danube River, the most
important waterway in Serbia. The
facilities equipped with the latest technical and ecological equipment and
high-quality fuel, provide foreign and
domestic ships with a reliable supply.
NIS’ goal is to become a leader on the
national bunkering market in several
years. In order to achieve the set goals,
the Company plans to launch two more
bunker stations in 2013, in Smederevo
and on the Croatian border, to open
special bunker stations for supplying
boats and yachts, to acquire a ship that
would supply large passenger ships
with fuel, including a joint penetration
with “Marine Bunker” daughter company of Gazprom Neft into the market of
Romania.
Furthermore, the Company has a network of petroleum products storages in
Serbia and it has a modern vehicle fleet
for petroleum products transportation.
All fuel types are subject to a strict regular laboratory control and they comply
with domestic and international standard
requirements. Network operations efficiency has been increased due to introduction of cutting-edge technologies.
NIS develops these separate lines of businessoperations:
Supplying aircrafts with jet fuel and aviation fuel and jet fuel exportation into the
neighboring countries: NIS is the leading
supplier of airline companies with jet fuel
and aviation fuel in Serbia. Over 92% of
aviation fuel sales in Serbia is conducted
through NIS. One sales channel is fuel
supply for aircrafts in two international
airports, in Belgrade and Nis and the
second one includes exportation of aviation fuel into the neighboring markets,
primarily those of Romania and Hungary.
Quality of jet fuel produced by NIS meets
the criteria of international and domestic
standards for this type of aviation fuel. The
accredited laboratory within the Aeroservice facility performs aviation fuel testing.
At “Nikola Tesla” airport in Belgrade, NIS
owns a modern facility for storage and
distribution of aviation fuel which is, at
the same time, the best equipped facility
of this type in the region. NIS Aeroservice
meets the demanding standards in terms
of reliable and efficient supplying, proven
by high marks of IATA International As-
filling stations is planned network
in Serbia and Europe by 2015
NIS COMPANY PROFILE • 15
NIS’ BRANDS
NIS Petrol brand has assumed a trendy
visual identity which has retained the
characteristics of the old and renowned
NIS Petrol brand, comprising two colors,
red and white, while the blue inscription
symbolizes synergy with Gazprom Neft
brand. The regional expansion of this
brand started by opening the first eight
petrol stations in Bosnia and Herzegovina.
NIS introduces new customer servicing
standards and new technologies into
operation of NIS Petrol stations, closely
inspects fuel quality at our petrol stations, and applies a flexible price policy.
GAZPROM Petrol Stations brand represents a milestone of NIS’ penetration into
the regional market with a new premium
brand. Network development under the
st
GAZPROM
station is
opened in
Belgrade
16 • NIS COMPANY PROFILE
stations will be
opened by the
end of 2013 in the
Balkans region
new brand is planned in the territory of
Serbia, Bulgaria, Romania, as well as
Bosnia and Herzegovina. The first GAZPROM Petrol Stations were opened in
Serbia and Bulgaria as early as in 2012,
whereas new openings are also planned
for Bosnia and Herzegovina and Romania.
By the end of 2013, GAZPROM Petrol
Stations network will include around
120 petrol stations operated by NIS on
the territory of the Balkans region. Every
new and reconstructed petrol station
is equipped with modern multiplex fuel
dispensers and offers to its customers
the petroleum products of European
quality, as well as the top service (many
of our facilities are open 24 hours a day,
have luxury stores with a wide range of
products, and are furnished with cafe
bars or restaurants with internet access,
spacious parking lots, playgrounds, and
access paths for disabled persons).
hours are opened
many of NIS Petrol
and GAZPROM
stations
4 countries
will have GAZPROM
retail network (Serbia,
BiH, Bulgaria,
Romania)
NIS COMPANY PROFILE • 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
18 • NIS COMPANY PROFILE
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,
production units and transportation means
required for works execution. The servicing
capacities of NIS also provide services to
third parties in the field of oil and gas exploration and production:
• geophysical testing - seismic, gravimetric, electromagnetic, and geoelectrical testing methods
• construction, workover, and equipping
of oil, gas, and hydrothermal wells
• execution of special operations and
well logging for oil, gas, and water:
electric logging and hydrodynamic
measurements, cementing,
stimulation, and testing
• maintenance and repair of facilities and
equipment, construction of pipelines,
installation of oil and gas technological
systems, preparatory construction
works for drilling and well workover.
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.
NIS COMPANY PROFILE • 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
20 • NIS COMPANY PROFILE
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
petroleum company into a regional energy
holding is incorporated in the Company’s
Development Strategy by 2020. In accordance with this Strategy, in year 2011
NIS established a new organizational
unit - “Energy” Block, and within the first
year, the first steps were taken: “Plandiste”
Wind Power Plant will be the first wind
farm in Serbia, with an annual electricity
generation of 230 GWh. Furthermore, this
is the first large energy facility that will be
constructed in Serbia after 25 years’ lull.
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. New investments
are also planned for the project of TETO
Pancevo construction, which, according
to the current project version, has a capacity of 200 megawatts of electricity.
Block comprises: increased utilization of energy in Serbia and natural gas in the region
as environmentally friendly fuel; utilization of
environmentally friendly renewable energy
sources; NIS’ energy efficiency improvement; use of modern technologies for energy production, including use of domestic fuel
sources with minimal impact on the environment, as well as optimization of business activity in electricity and natural gas
trade in the liberalized market conditions.
megawatts of
electricity is planned
capacity of TETO
Pancevo by 2015
NIS COMPANY PROFILE • 21
22 • NIS COMPANY PROFILE
COUNTRIES WHERE NIS
OPERATES
NIS established representative office in Brussels
as a support to Serbia’s EU integrations while
affiliated companies are in Bosnia and Herzegovina,
Bulgaria, Hungary, Romania and representative
offices in Russia, Croatia and Angola.
In early 2013, NIS acquired OMV petrol
stations in Bosnia and Herzegovina, one
of the most prominent networks on the
Bosnian market. In 2012, the first petrol
stations started operating in the Republic
of Srpska. The network of 31 petrol stations shall operate under two NIS’ brands:
the premium GAZPROM Petrol Stations
and NIS Petrol targeting mass population.
Bulgaria
In compliance with the long-term
development strategy, in 2010 and
2011, NIS started expanding the
Company’s activity beyond Serbia.
Brussels
NIS is the first Serbian company to open its
representative office in Brussels. Opening of
the Brussels office in 2011 is a part of NIS’
business strategy, in order to gain the leading position in the oil and gas economy of
the region and to apply European standards
and cutting-edge technologies in the performance of its business activities. NIS’ representatives in Brussels keep themselves
up to date with relevant directives and
regulations of the European Union and contribute to the European debates in the fields
of energy, minimization of hazardous gas
emission, and environmental protection.
Angola
NIS has been operating in this country
since 1980, and oil exploitation started in 1985. From the moment of its
establishment by the end of 2010, NIS
produced around four million tons of oil
from the concession oil fields in Angola.
NIS presently operates in two production blocks in this country, on six wells
and in one exploration block, in the
consortium with “Sonangol” company.
Bosnia and Herzegovina
In late 2010, NIS and “Neftegazinkor”,
a daughter company of the Russian
company “Zarubezhneft”, jointly established “Jadran-Naftagas” – the company
for exploration of hydrocarbon in the
territory of the Republic of Srpska.
The Bulgarian market is one of the priority
markets in the region for development of
NIS’ retail network. The affiliated company
“NIS Petrol EOOD” was registered in this
country in mid-September 2011. NIS has
already acquired eight petrol stations in
this country, whereas by the end of 2014,
acquisition and construction of 68 petrol
stations is planned.
Hungary
One of the leading countries for execution
of geological and exploration works in the
Pannonian basin.
NIS’ partners in this countries are “Falcon
Oil and Gas” (Canada) and RAG (Austria),
with which NIS operates in three exploration
blocks in the vicinity of the Serbian border.
Commercial production from these
wells is scheduled to start in 2014.
NIS COMPANY PROFILE • 23
Romania
In this country, geologically belonging
to the Pannonian basin, NIS has started
its geological and exploration activity in
six blocks, situated in the highly-yielding
region, in the Western part of the country. Commercial production from these
wells is scheduled to start in 2014.
In Romania, NIS cooperates with three
companies - Canadian “East West Petroleum”, Irish “Moesia Oil and Gas” and
English “Zeta Petroleum”. Regarding
the retail network, acquisition and construction of 80 petrol stations is scheduled to take place by the end of 2014.
Russian Federation
NIS’ representative office in the Russian Federation provides protocolary,
administrative, and logistic support to
the NIS company, and facilitates cooperation with Gazprom Neft company.
Turkmenistan
Belgium
For more than ten years, NIS’ services
have been present in the Turkmenistan
market. some projects were implemented
in the past decade in which NIS’ drilling,
workover and geological monitoring
equipment were employed, as well
as NIS’ services of oil exploration and
production equipment maintenance for
other companies. At the moment, NIS’
largest drilling rig “Nacional-1” is hired by
“Dragon Oil” company. In addition, seismic
testing by other companies operating
in Turkmenistan (RWE, Itera) have been
finished, hence announcement of new
tenders is expected, and the subsequent
start of exploration drilling activities.
Legend
Angola
Exploration and production
Sales
Refining
Representative offices or branch
24 • NIS COMPANY PROFILE
Russia
Turkmenistan
Hungary
Romania
Croatia
Serbia
Bosnia & Herzegovina
Bulgaria
NIS COMPANY PROFILE • 25
NIS
supports
numerous projects
in the field of culture,
science, sports, education,
and humanitarian projects
and projects that have a
high priority for the local
communities in which
NIS operates
The sustainable
development represents
one of priority directions of
NIS’ activity. The future we build
is the future of energy efficiency
with an increased use of renewable
sources, future of compliance with
law and human rights, future
of optimal use of available
capacities and natural
resources
NIS
invests in
all business areas:
exploration and production,
refining, retail network
development. Furthermore,
traditional and alternative
energy represent major
future investment
trends
26 • NIS COMPANY PROFILE
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 nature of its prevailing business activities
is such that it requires special and constant attention that will ensure healthy,
secure, and safe environment. For that
reason, we develop plain and strict
principles and standards, application
of new clean technologies and partner
relationship with interested parties.
Transparency of our business activities, confidence in partnership, and
investment into employee safety,
health, and development, responsible
relation to environmental protection, investments into society, its
demands and values, all form the
backbone of the sustainable development principle we apply.
CORPORATE MANAGEMENT
For NIS, which strives to achieve its goals
and apply the most demanding standards
in all business areas, a high level of corporate management is very significant in
order to ensure protection of shareholders’
interests, successful business operations,
maintaining of the market position and contributing to the overall social development.
NIS has adopted the Corporate Management
Code of the Company which comprises its
own principles of corporate management.
The objective of the Code is to introduce
approved business customs that should
ensure a balanced influence of their carriers, consistency of the control system, and
strengthening of shareholders’ and investors’ trust in order to provide a long-term
business development of the Company.
INVESTMENT
NIS’ dynamic growth would not be
possible without investments. Total
investments into the development of
all business directions since the arrival of Gazprom Neft, a new majority
owner, into the Company amounted to
almost two billion Euro, which makes
it the largest investor in recent years
in the Balkans. As a result of investment into an accelerated retail network
development, refining capacities and
environmental projects, in 2012, the
Company was awarded the recognition
“Investor of the Year”. Future plans are
even more ambitious and investments
will grow accordingly. The planned
investment volume for 2013, 2014,
and 2015 amounts to 1.5 billion Eur.
NIS COMPANY PROFILE • 27
NEW TECHNOLOGIES AND
ENVIRONMENTAL PROTECTION
Key environmental projects of
NIS in the previous period:
Equipment modernization, innovative
approach, and application of modern technologies are a prerequisite
for advancement, competitiveness,
and gaining of regional leadership.
• Pancevo Oil Refinery modernization,
resulting in a decrease of hazardous
substances emission into atmosphere, whereas the process of obtaining EU standard 2009+ in gasoline
and Diesel fuel production with an
increased sulphur content have produced a positive impact on the overall
environmental image in Serbia.
• Construction of the spent acid regeneration unit (SARU) has contributed
to resolving the issue of storage and
safe disposal of hazardous waste,
including its transportation.
• Reconstruction of Pancevo wharf
has contributed to prevention of air
pollution during oil and petroleum
products loading and unloading and
to elimination of the possibility of
groundwater and waterway contamination during petroleum products
transshipment.
• Reconstruction of the waste water
treatment unit has led to an improvement of waste water quality and min-
NIS has adopted the Concept of Innovative and Science and Technical Activity
Development of the Company by 2020,
with the following goals: support to the
implementation of the Company’s strategy, creating competitive advantages
as to ensure a stable leading position
in the region and building an image
of a modern and innovative company
which applies the advanced technological solutions in its operations.
The successful implementation of
planned projects and the Company
development strategy require continual training and advancement of employees, including application of the
latest and best quality technologies
in the field of petroleum business.
billion Eur
is total
investment
volume for
2013, 2014
and 2015
28 • NIS COMPANY PROFILE
imization of possibility of groundwater and waterway contamination.
• Construction of petrol stations in
accordance with the most contemporary world standards (installation
of separators for oily waste water
purification, installation of a double
lined tank, energy-efficient facilities)
has resulted in noise reduction and
adequate groundwater and soil protection.
In the forthcoming period, significant
investments are planned as well as some
vital environmental improvements, by
means of production process improvement and fuel production as per the European quality standards. Strategic goals by
2015 foresee almost 400 million Euro investments, which is 6.5 times more than
the funds designated for environmental
protection, in line with the sales contract.
Apart from the environmental projects,
NIS will invest into the infrastructure projects with an environmental effect, petrol
stations modernization, as well as in the
energy efficiency projects which indirectly
lead to environmental improvement.
million Eur
will is foresee
amount for
ecological
projects by
2015
The
Company’s
policy implies
constant investment
into development of our
employees and managers,
providing possibility for their
professional and personal
advancement
NIS
continually
renovates its oil and
gas business, introduces
and improves the new methods
of oil and gas exploitation,
builds new refining units,
automates its operations,
develops and modernizes
the retail network
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
NIS COMPANY PROFILE • 29
HEALTH AND SAFETY AT WORK,
INDUSTRIAL SAFETY, AND
ENVIRONMENTAL PROTECTION
NIS strives to achieve a most rational use of natural resources and decrease of negative impact on human
life and environment by means of
improvement of HSE culture (Health,
Security, and Environment).
The Company continually undertakes
activities in the field of application of
demanding HSE standards, in accordance with international trends and
regulations, being one of essential requirements imposed by the development
of technical and technological process
for resource exploitation, as well as
by the growing awareness of health
care and environmental protection.
Our aim is to achieve a sustainable HSE
integration into the everyday operations
and Company culture, being the basis
30 • NIS COMPANY PROFILE
for application and fulfillment of legal
and other commitments, as well as the
fulfillment of requirements of all interest groups - owners, employees, social
community, partners, and the country.
NIS AND ITS EMPLOYEES
One of the most important resources
of NIS, as a modern and dynamic company, are its employees who contribute
to the achievement of the Company’s
organizational goals through realization of their personal and professional
potential. Therefore, the skilled and
top quality personnel are the foundationthat NIS’ success is built upon.
Continual investment into the development of know-how, competences and
skills of young talents and “successors”
enables the Company on a long-term
basis to have the best employees at
the key positions at any moment, and
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”.
Each of the above listed programs
is intended for the development of
competencies of certain employee
groups, in order to train them so they
can contribute to the achievement
of Company’s long-term
ambitious goals
NIS
manages its
exposure to risk,
maintaining it at the lowest
possible level, aiming to
mitigate consequences of
unforeseen accidents in 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
NIS COMPANY PROFILE • 31
NOTES
32 • NIS COMPANY PROFILE
NOTES
NIS COMPANY PROFILE • 33
CONTACT
www.nis.eu
www.nispetrol.rs
www.facebook.com/
NaftnaIndustrijaSrbije
www.twitter.com/NISrbije
www.youtube.com/user/NISrbije
34 • NIS COMPANY PROFILE
NIS COMPANY PROFILE • 35
36 • NIS COMPANY PROFILE

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