Srbijagas
{{Short description|Serbian energy company}}
{{Infobox company
| name = Srbijagas
| logo = File:Srbijagas-logo.jpg
| logo_caption = Official logo
| image =
| image_caption =
| trading_name =
| native_name = Србијагас
| native_name_lang = srb
| romanized =
| former type =
| type = State-owned enterprise
| industry = Natural gas
| fate =
| predecessor = NIS-Gas
| successor =
| foundation = {{Start date and age|2005|10|01|df=yes}}
| founder =
| defunct =
| location_city = Narodnog fronta 12, Novi Sad
| location_country = Serbia
| locations =
| area_served = Serbia
| key_people = Dušan Bajatović {{small|(General director)}}
| products =
| services = Distribution of natural gas
| revenue = {{increase}} €1.878 billion {{small|(2022)}}{{cite web|title=КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2022) - Србијагас|url=https://fin.apr.gov.rs/JavnaPretraga/Home/DownloadDocumentFile?barcode=7100177848429&xrnd=1A8F0066552E0B4899F3467D247D76771F055599|website=apr.gov.rs|accessdate=13 May 2024|language=Serbian}}
| net_income = {{increase}} €73.06 million {{small|(2022)}}
| assets = {{increase}} €3.819 billion {{small|(2022)}}{{cite web|title=КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2022) - Србијагас|url=https://fin.apr.gov.rs/JavnaPretraga/Home/DownloadDocumentFile?barcode=7100177848412&xrnd=D1E3406FB766F55B9E97B069A5754C4278538AC8|website=apr.gov.rs|accessdate=13 May 2024|language=Serbian}}
| equity = {{increase}} €1.160 billion {{small|(2022)}}
| owner = Government of Serbia (100%)
| num_employees = 2,501 {{small|(2022)}}
| parent =
| divisions =
| subsid = Subsidiaries
| homepage = {{URL|http://www.srbijagas.com/}}
| footnotes = {{small|Business ID: 20084600
Tax ID: 104056656}} {{cite web|title=Основни подаци о привредном друштву|url=http://pretraga2.apr.gov.rs/EnterprisePublicSearch/details/EnterpriseBusinessName/1087974?code=6C7224B22D1A00E8A20B251AD9A0B077C04CBB0F|website=apr.gov.rs|publisher=Serbian Business Registers Agency|accessdate=28 February 2018|language=Serbian}}
| intl =
}}
Srbijagas (full legal name: J.P. Srbijagas Novi Sad) is the state-owned natural gas provider in Serbia with headquarters in Novi Sad.
History
Srbijagas was established on 1 October 2005 as a result of restructuring the integrated petroleum company NIS. The company was created on the basis of NIS divisions NIS-Gas and NIS-Energogas.{{cite web|url=http://www.srbijagas.com/?q=o_preduzecu/istorijat|title=Istorijat|language=Serbian|publisher=Srbijgas.com|accessdate=24 April 2013}}
In 2013, the government of Serbia decided to split Srbijagas into two separate companies because of its mounting debt and unsustainable business practices. Since 2013, the transportation and storage units have been operated by Transgas AD, while trade and distribution have continued to be operated by the Srbijagas AD.{{cite web|url=https://www.bloomberg.com/news/2013-04-23/serbia-to-split-up-srbijagas-reschedule-its-1-5-billion-debt.html|title=Serbia to Split Up Srbijagas, Reschedule Its $1.5 Billion Debt|publisher=Bloomberg|date=23 April 2013|accessdate=24 April 2013}}
Subsidiaries
As of 13 May 2024, the following companies are subsidiaries or companies in minority ownership of Srbijagas:
- Distribucijagas Srbija d.o.o. Novi Sad
- Specijalana luka d.o.o. Pančevo
- Gas d.o.o. Bečej
- {{Lang|sr-latn|Progresgas trejding d.o.o.|italic=no}} Belgrade
- {{Lang|sr-latn|Metanolsko-sirćetni kompleks a.d.|italic=no}} Kikinda
- Toza Marković a.d. Kikinda
- Podzemno skladište gasa d.o.o. Banatski dvor
- Sogaz a.d.o. Novi Sad
- Informatika a.d. Belgrade
- Loznica-gas d.o.o. Loznica
- Yugorosgaz a.d. Belgrade
- {{Lang|sr-latn|Bijeljina Gas d.o.o.|italic=no}} Bijeljina, Bosnia and Herzegovina
- {{Lang|sr-latn|Gas Promet a.d. Pale|italic=no}}, Bosnia and Herzegovina
- {{Lang|sr-latn|Energogas d.o.o. Podgorica|italic=no}}, Montenegro
- South Stream Serbia AG, Switzerland
Financial data
At the end of 2011, the company's total equity was US$443.38 million and after one year it dropped to only US$15.86 million, making the company for the first time unprofitable, mainly because of differences in cost and selling price.
In April 2013, Minister of Energy, Development and Environmental Protection, Zorana Mihajlović stated that Srbijagas has debt of more than €1 billion.{{cite web|title="Srbijagas" duguje milijardu evra|url=http://www.rts.rs/page/stories/sr/story/13/Ekonomija/1311012/%22Srbijagas%22+duguje+milijardu+evra.html|work=RTS|accessdate=3 August 2013|language=sr}}{{cite web|title="Srbijagas" duguje milijardu evra|url=http://www.b92.net/biz/vesti/srbija.php?yyyy=2013&mm=04&dd=23&nav_id=707769|work=b92.net|accessdate=3 August 2013|language=sr}}
In June 2014, it was once again named the most unprofitable state-owned company, making annual net loss of €443.14 million for the calendar year of 2013.{{cite web|title=Srbijagas najgori, NIS najbolji|url=http://www.b92.net/biz/vesti/srbija.php?yyyy=2014&mm=06&dd=17&nav_id=862852|website=b92.net|publisher=apr.rs|accessdate=17 June 2014|language=Serbian}}
For the calendar year of 2014, Srbijagas finished with the yet another annual net loss of €372.33 million.{{cite news|title=Najveću dobit ostvario NIS, gubitke Srbijagas, Lukoil i Železnice|url=http://www.rts.rs/page/stories/sr/story/13/ekonomija/2161095/najvecu-dobit-ostvario-nis-gubitke-srbijagas-lukoil-i-zeleznice.html|accessdate=13 November 2017|work=rts.rs|date=2 January 2016|language=Serbian}}
For the calendar year of 2015, Srbijagas managed to severely cut total net loss from the past year to just €2.98 million.{{cite web|title=КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2016) - Србијагас|url=http://pretraga2.apr.gov.rs/docRepo/download?xbcd=7100041765647&xrnd=DCC1D4F59F375E69F5DBB63733991562D0E5D778|website=apr.gov.rs|accessdate=13 November 2017|language=Serbian}} After several years of posting annual net losses, Srbijagas finished 2016 calendar year with the annual net profit of €13.78 million.
See also
References
{{Reflist}}
External links
{{commons category}}
- {{official website|http://www.srbijagas.com}}
{{Novi Sad|state=autocollapse}}
{{authority control}}
Category:Companies based in Novi Sad
Category:Government-owned companies of Serbia
Category:Natural gas pipeline companies
Category:Oil and gas companies of Serbia
Category:Serbian companies established in 2005
Category:Energy companies established in 2005
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