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NIS NIS INA INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA PETROLEUM INDUSTRY OF CROATIA IN A IN D U S T R IJA N A F T E.d.d. Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi Sad, April, 2004

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Page 1: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

NIS NIS INA INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA PETROLEUM INDUSTRY OF CROATIA

INAINDUSTRIJ A NAFTE. d.d.

Radovan BajićZoran Đogo

Dragan PetrovićIvica Dostanić

Zvezdan Cimbaljević

MBA-Novi Sad, April, 2004

Page 2: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

AgendaAgenda 1. History 2. Mission 3. Structure 4. Brands 5. Owner structure 6. Employees 7. Regions 8. Production 9. Number of petrol stations 10. Group members 11. Financies 12. Vision 13. Investmens 14. Health, Safety and Environmental

Key Intelligence Topic (KIT):Key Intelligence Topic (KIT): Finding the best way of state oil companies transformation in former Yugoslav Republics

Page 3: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

HHistoryistory

1949 – NAFTAGAS was founded as the Enterprise for Petroleum Exploration and Production

1974

1991 – Petroleum Industry of Serbia – NIS was established as a state company, having retained that status up today.

The Company has been, to the vast extend, engaged in the exploration area in Yugoslavia as well as abroad through different modalities.

INAINDUSTRIJ A NAFTE. d.d.

1964 - INA was founded when the operations of Naftaplin.

1974 - INA was transformed into a “complex organisation of associated work”, a step which also involved the formation of a number of separate companies. The organisation continued in this form until 1990.

1990 - Under the terms of Law 42/90 and the 61/91 supplement, INA became a state owned enterprise.

1993 - INA became a joint stock company (or “d.d.”) pursuant to Law 60/93. 100% of the shares in INA are owned by the Republic of Croatia.

2003 – MOL, Hungarian Oil and Gas Company became INA’s strategic partner, owning 25% of the shares, plus one share.

Page 4: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

MissionMission

INAINDUSTRIJ A NAFTE. d.d.

As a vertically integrated oil corporation, an influential player in the oil and gas market in Croatia and neighbouring countries, we are committed to working toward continuous upgrading of our businesses and quality of our products and services with the aim to create increasing value for our stakeholders.

The company tends to exceed competitors by its top organization, professionalism, modern technical equipment and quality of goods and services. Its aim is also to be a company, whose employees will be proud of, loyal to and who will have the oportunity for self-improvement, according to their abilities and possibilities and in that way contribute to company growth.

Page 5: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

StructureStructure INAINDUSTRIJ A NAFTE. d.d.

INA Organizational Structure SchemeINA Organizational Structure Scheme   

General Manager

Manager   

Corporative Processes

Division

Executive      

Oil and Gas Exploration

Division

Executive    

Supply, Oil Refining and Wholesale

Trading Division

Executive    

Retail Trading Division

Executive    

Financial Division

Manager    

Corporative Services Division

Company ShareholdersCompany Shareholders  

Supervisory BoardSupervisory Board 

ManagementManagement

    

 

Page 6: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

NIS – Organizational Structure SchemeNIS – Organizational Structure Scheme

  

Board of Board of TrusteesTrustees

  

General General ManagerManager

  

Supervisory Supervisory BoardBoard

 

Managing Managing BoardBoard

    

NIS-NAFTAGASNIS-NAFTAGASNovi SadNovi Sad

   

NIS-GASNIS-GASNovi SadNovi Sad

    

NIS-ENERGOGASNIS-ENERGOGASBeogradBeograd

    

NIS- Oil RefineryNIS- Oil RefineryPancevoPancevo

    

NIS- Oil RefineryNIS- Oil RefineryNovi SadNovi Sad

   

NIS- Oil RefineryNIS- Oil RefineryBelgradeBelgrade

   

NIS-FAMNIS-FAMKrusevacKrusevac

    

NIS-JUGOPETROLNIS-JUGOPETROLBelgradeBelgrade

    

NIS-NAFTAGAS NIS-NAFTAGAS PROMET, Novi SadPROMET, Novi Sad

     

NIS-EngineeringNIS-EngineeringNovi SadNovi Sad

  

  

Page 7: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

BrBraandndss

ДЕО ПРЕДУЗЕЋА ЗА ИСТРАЖИВАЊЕ И ПРОИЗВОДЊУ НАФТЕ,

ПРИРОДНОГ ГАСА, ПОДЗЕМНИХ ВОДА И ГЕОТЕРМАЛНЕ ЕНЕРГИЈЕ

Н А Ф Т Н АИ Н Д У С Т Р И Ј АС Р Б И Ј Е

21000 НОВИ САД , НАРОДНОГ ФРОНТА 12, СРБИЈА И ЦРНА ГОРА

INAINDUSTRIJ A NAFTE. d.d.

Page 8: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Owners sOwners strutruccturturee

INAINDUSTRIJ A NAFTE. d.d.

Page 9: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

100 %

STATE OWNERSHIP

Page 10: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

EmployeesEmployees

INAINDUSTRIJ A NAFTE. d.d.

The group employs

15,700 personnel

The group employs

17,500 personnel

18803

17038

17958

15699

14000

14500

15000

15500

16000

16500

17000

17500

18000

18500

19000

2001 2002

NIS INA

Page 11: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

RegionsRegions

TurkmenistanSerbia

KazakhstanIran

Egypt

Russia

Angola

Page 12: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Croatia

Albania

Syria

Egypt

Angola

INAINDUSTRIJ A NAFTE. d.d.

Page 13: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

ProductionProduction

INAINDUSTRIJ A NAFTE. d.d.

Oil Production NIS

677359

12263212792

Naftagas Angola Jugopetrol

Oil Production INA

770215

167808

65372

Hrvatska Angola Egipat

hh

OilOil

Page 14: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

INAINDUSTRIJ A NAFTE. d.d.

0

200000000

400000000

600000000

800000000

1000000000

1200000000

1400000000

1600000000

1800000000

m3

NIS INA

Natural gas production

2001 2002

GasGas

Page 15: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Number of petrol stationsNumber of petrol stations

INAINDUSTRIJ A NAFTE. d.d.

Page 16: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Group mambersGroup mambers

INAINDUSTRIJ A NAFTE. d.d.

Page 17: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

FinanciesFinancies

INAINDUSTRIJ A NAFTE. d.d.

3501491517

1780000000

4101207806

2010000000

0

500000000

1000000000

1500000000

2000000000

2500000000

3000000000

3500000000

4000000000

4500000000

(USD)

2001 2002

Balance sheet (Assets)

NIS INA

Page 18: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

FinanciesFinancies

INAINDUSTRIJ A NAFTE. d.d.

3501491517

1780000000

4101207806

2010000000

0

500000000

1000000000

1500000000

2000000000

2500000000

3000000000

3500000000

4000000000

4500000000

(USD)

2001 2002

Balance sheet (Liabilites)

NIS INA

Page 19: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

VisionVision

INAINDUSTRIJ A NAFTE. d.d.

To become the leading company at the regional market, as well as to facilitate the economical growth and the life quality of the whole society. On its way of accomplishing this vision, NIS will be open for everibody who knows how, who can and who wants to make it better.

To be a recognised and desirable partner, known for excellence of its products and services, good and fair relations with customers and committed to safeguard the interests of its key stakeholders.

Page 20: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

0

50000000

100000000

150000000

200000000

250000000

NIS INA

(US

D)

INAINDUSTRIJ A NAFTE. d.d.

InvestmensInvestmens

Page 21: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Structure of Investments in NIS (2002. ;USD)

Naftagas Gas Energogas RNP RNS FAM RNB Jugopetrol NAP Inženjering

Page 22: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

Health, Safety and Health, Safety and EnvironmentalEnvironmental Protection Protection

NIS conducts its activities in compliance with good petroleum practice and in a manner that ensures the health and safety of its employees and others, that may be affected in any way by the Company’s activities.

The Company performs its activities according to the standards that avoid disturbance of the environment, but if the disturbance does occur, it immediately initiates every effort to restore the environment to its former condition.

-Health, Safety and Environmental Protection plans, procedures and training programs are the basic elements of the Company’s business philosophy.

- Health, Safety and Environmental Protection are line management responsibilities.

-Accidents, Injuries and Environmental Disturbances are preventable and unacceptable.

-Everyone is responsible for his own safety and his colleagues’ safety at work.

-Each employee must have positive attitudes towards permanent care of the environmental protection.

- Employees are obliged to report any dangerous situation and injury to their superiors.

- The following NIS Divisions are certified according to ISO 14000 norms: NIS-Oil Refinery, Pancevo; NIS-FAM, Krusevac; while the following NIS Divisions are certified according to ISO 9000 norms: NIS-Oil Refinery, Pancevo; NIS-Oil Refinery, Novi Sad; NIS-FAM, Krusevac; NIS-Oil Refinery, Belgrade.

Page 23: NIS INA PETROLEUM INDUSTRY OF SERBIA PETROLEUM INDUSTRY OF CROATIA Radovan Bajić Zoran Đogo Dragan Petrović Ivica Dostanić Zvezdan Cimbaljević MBA-Novi

INAINDUSTRIJ A NAFTE. d.d.

INA pays great attention to the health and safety of people and to environmental protection in all areas of its activities. Concern for the environment has long ago ceased to be declarative but it forms part of our business policy. Quality management, health, safety and environmental protection have been integrated into INA’s management system. A number of INA’s organisational units have been certified. Refineries in Rijeka and Sisak, including Maziva Rijeka have been ISO 14001 certified, while refinery Sisak has also OHSAS certificate.Protecting the environment and safeguarding health and safety of the people is one of the top priorities of the INA Group. The nature of INA’s activities is such that it can affect health, safety and environment production, processing and marketing. Aware of its responsibility, INA has been by emissions and disposal of waste during oil and gas performing organized activities aimed at preserving the environment to the maximum possible extent. For this purpose INA has put in place an integrated management system of environmental protection. On the occasion of the International Environmental Protection Day, on 5h June 1999, INA received the highest state reward for the achievements in environmental protection - the gold plaque.