Lukoil Serbia
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Lukoil Serbia
Lukoil Serbia (full name: ''Društvo za promet naftnih derivata Lukoil Srbija a.d.'') is a Serbian petroleum company with headquarters in Belgrade, Serbia. Majority owned by Lukoil, the company's main activities include retail and wholesale trade of oil and oil derivatives in Serbia. History The company was established in the midst of breakup of Yugoslavia. On 7 December 1990, the unit of INA Trgovina in Serbia unilaterally formed a separate company and by 1991, it started to operate all INA properties in Serbia, including 200 petrol stations, nine warehouses, around a hundred trucks and 40 tank-trucks, and several vehicle maintenance shops. In May 1992, the company was renamed to Beopetrol. On 26 September 2003, the Privatization Agency of the Government of Serbia sold Beopetrol to Lukoil. Lukoil paid €207 million for 79.5% of shares. Another company who participated on the privatization tender, was Hungarian MOL Group MOL Plc. (), also known as MOL Group, ...
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Joint-stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited ...
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Energy Companies Established In 1990
Energy () is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive. All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven ...
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Retail Companies Established In 1990
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Companies Based In Belgrade
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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MOL Group
MOL Plc. (), also known as MOL Group, is a Hungarian Multinational corporation, multinational petroleum, oil and natural gas, gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA d.d., INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $770 million in 2019. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013. As of October 2021, the largest shareholder is the Mol New Europe Foundation with 10.49% ahead of Maecenas Universitatis Corvini Foundation and Mathias Corvinus Collegium Foundation, both with 10%, OmanOil Budapest with 7.14% and OTP and ING Bank with 4.9% and 4.48% respectively. Nearly 45% of shares are Public float, free floated. MOL is active in Hydrocarbon exploration, exploration and Extraction of petroleum, product ...
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Government Of Serbia
The government of Serbia ( sr-cyrl, Влада Србије, Vlada Srbije), formally the Government of the Republic of Serbia ( sr-cyrl, Влада Републике Србије, Vlada Republike Srbije), commonly abbreviated to Serbian Government ( sr-cyrl, Српска Влада, Srpska Vlada), is the executive branch of government in Serbia. The affairs of government are decided by the Cabinet of Ministers, which is led by the prime minister. The government is housed in the Government Building in Belgrade. Jurisdiction According to the Constitution of Serbia, the Government: * Determines and guides policy * Executes laws and other general acts of the National Assembly * Adopts regulations and other general acts for the purpose of enforcing laws * Proposes to the National Assembly the laws and other general acts and gives an opinion on them when submitted by another proposer * Directs and coordinates the work of public administration bodies and supervises their work * Perf ...
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Petrol Station
A filling station (also known as a gas station [] or petrol station []) is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline (or petrol) and diesel fuel. Fuel dispensers are used to pump gasoline, diesel, compressed natural gas, compressed hydrogen, hydrogen compressed natural gas, liquefied petroleum gas, liquid hydrogen, kerosene, alcohol fuels (like methanol, ethanol, butanol, and propanol), biofuels (like straight vegetable oil and biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell convenience food, beverages, tobacco products, lott ...
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INA (company)
INA-Industrija nafte, d.d. is a Croatian multinational oil company. INA Group has leading role in Croatia's oil business, a strong regional position in the oil and gas exploration and production, oil processing, and oil product distribution activities. INA, d.d. is a stock company with the Hungarian MOL Group and the Croatian Government as its biggest shareholders, while a minority of shares is owned by private and institutional investors. INA shares have been listed at the London and Zagreb stock exchanges since December 1, 2006. INA Group is composed of several affiliated companies wholly or partially owned by INA, d.d.. The Group has its headquarters in Zagreb. History INA was established on January 1, 1964 through the merger of Naftaplin (company for oil and gas exploration and production) with the refineries in Rijeka and Sisak. Initially, the company was called "Oil and Gas Conglomerate" but on 26 November its name was changed to the one it has today. In 1990, INA beca ...
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Breakup Of Yugoslavia
After a period of political and economic crisis in the 1980s, the constituent republics of the Socialist Federal Republic of Yugoslavia split apart in the early 1990s. Unresolved issues from the breakup caused a series of inter-ethnic Yugoslav Wars from 1991 to 2001 which primarily Bosnian War, affected Bosnia and Herzegovina, neighbouring parts of Croatian War of Independence, Croatia and, some years later, Kosovo War, Kosovo. Following the Allies of World War II, Allied victory in World War II, Yugoslavia was set up as a federation of six republics, with borders drawn along ethnic and historical lines: Socialist Republic of Bosnia and Herzegovina, Bosnia and Herzegovina, Socialist Republic of Croatia, Croatia, Socialist Republic of Macedonia, Macedonia, Socialist Republic of Montenegro, Montenegro, Socialist Republic of Serbia, Serbia, and Socialist Republic of Slovenia, Slovenia. In addition, two autonomous provinces were established within Serbia: SAP Vojvodina, Vojvodina an ...
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Belgrade Stock Exchange
The Belgrade Stock Exchange (BELEX, ) is a stock exchange based in Belgrade, Serbia. The Stock exchange was founded in 1894 in the Kingdom of Serbia, after the King proclaimed the Stock exchange law of 1886. Currently, the Belgrade Stock Exchange is an observer member of Federation of Euro-Asian Stock Exchanges (FEAS) and an associate member of Federation of European Securities Exchanges (FESE). History On 22 February 2016, the Belgrade Stock Exchange decided to join SEE Link, and EBRD-sponsored regional network for trading securities. The Belgrade Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges. Directors *Dimitrije Stamenković 1894 *Milan Stojadinović 1941 *Gordana Dostanić 2002 – 2015 *Siniša Krneta 2015 – Indexes Belgrade Stock Exchange currently has two indices: * BELEXline, the general benchmark index of the Belgrade Stock Exchange. * BELEX15, representing the 15 most liquid stocks. See also * List of European stock exchang ...
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