Native name Лукоил Србија Traded as BELEX: LOIL Predecessor Beopetrol Headquarters Belgrade Founded 1990 Total assets 251.3 million EUR (2013) | Type Public Industry Petroleum industry Key people Igor Semenychev (CEO) Revenue 264.7 million EUR (2013) Number of employees 176 Total equity 0 EUR (2013) | |
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Parent organizations Lukoil, Lukoil Europe Holdings B.V. | ||
Lukoil Serbia (full name: Društvo za promet naftnih derivata Lukoil Srbija a.d.) is a Serbian petroleum company with headquarters in Belgrade, Serbia. The company's main activities include retail and wholesale trade of oil and oil derivatives. It has a subsidiary Beopetrol Pristina in Kosovo.
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History
The company was established during the Yugoslav wars. On 7 December 1990, the unit of INA Trgovina in Serbia unilaterally formed a separate company and by 1991, it started to operate all INA properties in Serbia, including 200 petrol stations, nine warehouses, around a hundred trucks and 40 tank-trucks, and several vehicle maintenance shops. In May 1992, the company was renamed to Beopetrol. On September 26, 2003, the Privatization Agency of the Government of Serbia sold Beopetrol to Lukoil. Lukoil paid €207 million for 79.5% of shares. Another company who participated on the privatization tender, was Hungarian MOL Group. After privatization the company was renamed Lukoil-Beopetrol.
Management
The chairman of the board and the chief executive officer is Igor Semenychev.