Serbian Progressive Party

Serbia's Deputy PM Opposes Gazprom Pocketing Entire Profit of NIS

The authorities in Belgrade have opposed the practice of Russian Gazprom, owner of a 56% stake in Naftna Industrija Srbije (NIS), pocketing the entire profit of the company.

Aleksandar Vucic, First Deputy Prime Minister of Serbia, noted that the company had reached a profit of EUR 380 largely thanks to Serbian oil, not extraordinary managerial achievements.

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