July 25, 2016 3:00 PM ET

Gas Utilities

Company Overview of JP Srbijagas

Company Overview

JP Srbijagas transmits, distributes, stores, trades, and supplies natural gas for industrial customers and households. The company supplies gas to customers in Bosnia and Herzegovina, and Serbia. The company was founded in 2005 and is based in Novi Sad, Serbia.

Narodnog fronta 12

Novi Sad,  21000

Serbia

Founded in 2005

Phone:

381 21 481 2703

Fax:

381 21 481 1305

Key Executives for JP Srbijagas

Executive Director of Financial Operations
Executive Director of Investments
Executive Director of Technical Operations
Deputy General Director
General Director
Compensation as of Fiscal Year 2016.

JP Srbijagas Key Developments

Srbijagas Reports Earnings Results for the First Quarter of 2016

Srbijagas reported earnings results for the first quarter of 2016. For the quarter, the company reported net profit of RSD 4.7 billion, compared to a net loss of RSD 1 billion in the same period of last year. The positive turn in the company's performance is due to rising sales despite a drop in prices. Operating profit amounted to RSD 6 billion, which is RSD 400 million less than in the same period of the last year.

Gazprom and Srbijagas Signs Agreement for Scientific & Technical Cooperation and Partnership

Gazprom, and Srbijagas, signed an Agreement for scientific & technical cooperation and partnership. The Agreement provides for developing the scientific & technical cooperation in such sectors as gas transportation, underground storage and sales, energy efficiency, energy saving, and alternative energy use, as well as in the field of compressed and liquefied natural gas. In addition, the companies will interact in the process safety and environmental protection areas. With a view to implement the accords incorporated in the Agreement, the parties will set up a Coordination Council and permanent working groups.

JP Srbijagas Seeks Partners

JP Srbijagas is looking for a minority partner from the private sector to share natural gas trade risk.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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