Serbia’s NIS and Sberbank sign deal on long-term cooperation

By bne IntelliNews May 16, 2013

Serb oil firm NIS said it signed an agreement with Sberbank Srbija on Thursday, May 16, kicking off the cooperation between the two companies in future projects of joint interest. The deal was signed by NIS’ CEO Kiril Kravchenko and the head of Sberbank’s Serbian unit, Valeriy Ovsyannikov, the Serb energy company controlled by Russia’s Gazprom Neft informed in a statement.

Kravchenko said in the statement that Sberbank Srbija has offered NIS attractive terms of cooperation, expressing his belief the partnership will help NIS expand its business in Serbia and Southeast Europe.

Sergey Gorkov, a deputy chairman of the board for international business at the Russian bank, who was also present at the contract signing, said Sberbank traditionally has long-term relations with international oil and gas firms. He added the bank plans to sign similar contracts with other Serbian companies as well.

“We are interested in a long-term cooperation with companies from all branches of the economy – energy, food industry, trade and so on,” Gorkov said.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Russia for first time overtakes Turkmenistan in gas exports to China

Russia in February for the first time overtook Turkmenistan on a monthly basis to become the largest pipeline supplier of natural gas to China, according to General Administration of Customs of China ... more

Ukraine's DTEK seeks $350mn to restore energy capacity after Russian attacks

Ukraine's leading private energy company, DTEK, has sounded the alarm, indicating an urgent need for $350mn to recuperate lost capacity resulting from Russia's relentless assaults on thermal power ... more

France's spending on Russian LNG surges to over €600mn this year

France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports. The increase comes as French President Emmanuel Macron becomes ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    4 days ago
  5. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    9 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss