July 29, 2014 3:22 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 2014.

JP Srbijagas Key Developments

Srbijagas Announces Earnings Results for the Year 2013

Srbijagas announced earnings results for the year 2013. The company posted a net loss of RSD 49.7 billion (USD 598 million/EUR 430 million) in 2013, up from RSD 36.7 billion a year earlier. Operating revenues fell 3.9% to RSD 65.96 billion last year.

Srbijagas Eyes Further Stake In Yugorosgaz

JP Srbijagas intends to acquire an additional 25% stake in Yugorosgaz A.D, Belgrade-based media reported. Srbijagas is examining the legal conditions for the acquisition. The acquisitions might be financed partly from the loan from European Investment Bank, news agency Beta quoted Srbijagas's Chief Executive Officer, Dusan Bajatovic, as saying. No financial details have been announced yet. The Serbian government will have a final say on the deal. If the acquisition goes through, Srbijagas will have the same stake in Yugorosgaz as Gazprom, the current owner, has.

Agroziv To Be Acquire By Italian Firm

An unknown Italian company is seeking to acquire Agroziv AD from JP Srbijagas. Dusan Bajatovic, Director of Srbijagas said if the Serbian government agrees to this partnership proposal, the new owner of Agroziv would be an Italian company which has €1.2 billion in meat sales annually, Santos reported.

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Recent Private Companies Transactions

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

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