Lukoil Serbia
 Official logo | |
Native name | Лукоил Србија |
|---|---|
| Type | Limited Liability Company |
| BELEX: LOIL | |
| Industry | Petroleum industry |
| Predecessor | Beopetrol |
| Founded | 7 December 1990 |
| Headquarters | Bulevar Mihajla Pupina 165d, Belgrade , Serbia |
Key people | Denis Ryupin (general director)[1] |
| Products | Petroleum Natural gas Petrochemicals |
| Services | Filling stations |
| Revenue |  €343.9 million (2024)[2] |
| €7.8 million (2024)[3] | |
| Total assets |  €42.24 million (2017)[4] |
| Total equity |  €0 (2017)[4] |
| Owner | Lukoil International GmbH (100%) |
Number of employees | 140 (2025)[3] |
| Parent | Lukoil |
| Website | www |
Lukoil Serbia (full name: Društvo za promet naftnih derivata Lukoil Srbija a.d.) is a Serbian petroleum company with headquarters in Belgrade, Serbia. Wholly owned by Lukoil International GmbH, the company operates in Serbia, North Macedonia, Montenegro, and Croatia while its main activities are the retail and wholesale trade of oil and oil derivatives in Serbia.[5]
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.[6][7] Another company which participated in the privatization tender was Hungarian MOL Group.[8] After privatization the company was renamed Lukoil-Beopetrol.
In August 2022, the company changed its legal form from a joint-stock company to a Društvo sa Ograničenom Odgovornošću (limited liability company), following the withdrawal of its shares from the Belgrade Stock Exchange in June and the acquisition of the it's shares by Lukoil International GmbH.[9][10]
As of 2025, Lukoil Serbia was the second largest petroleum company in Serbia in terms of market network with 112 filling stations.[11]
In January 2026, U.S.-based Carlyle Group agreed to buy Lukoil International GmbH, after U.S. sanctions were extended to its parent company Lukoil in October 2025.[12]
References
- ↑ "Rekonstruisan park u Bloku 21: Nastavlja se uređenje parkova, kao i izgradnja novih saobraćajnica FOTO". Retrieved 2026-07-28.
- ↑ "Šta Lukoil ima u Srbiji: Sankcije će učiniti ono što nisu ni sud ni „sporna" privatizacija". Retrieved 2026-07-28.
- 1 2 "Lukoil prodao imovinu u inostranstvu kiparskoj Gunvor Grupi". Retrieved 2026-07-28.
- 1 2 "БИЛАНС СТАЊА (2017) - Lukoil Srbija a.d." apr.gov.rs (in Serbian). Retrieved 27 January 2018.
- ↑ EB (2023-10-02). "LUKOIL Srbija centar biznisa LUKOILA na Balkanu". Energija Balkana (in Serbian). Retrieved 2026-07-23.
- ↑ Gordana Filipovic (2006-12-13). "Serbs, Russia initial Soviet era debt deal". Reuters. Retrieved 2009-04-04.
{{cite news}}: CS1 maint: deprecated archival service (link) - ↑ Marta Srnic, Vladimir Todres (2003-09-19). "LUKoil wins bid for Beopetrol". Alexander's Gas and Oil Connections. Archived from the original on 2004-10-24. Retrieved 2009-04-04.
- ↑ "MOL submitted an offer for the purchase of a 79.5 % shareholding in Beopetrol" (Press release). MOL. 2003-09-19. Retrieved 2009-04-04.
- ↑ "Lukoil Srbija postaje društvo sa ograničenom odgovornošću - Nova Ekonomija". novaekonomija.rs (in Serbian). Retrieved 2026-07-23.
- ↑ Biznis.rs, Redakcija (2022-08-22). "Lukoil Srbija postaje društvo za ograničenom odgovornošću". Biznis.rs (in Serbian). Retrieved 2026-07-23.
- ↑ Bajic, Valentina (2025-10-27). "Lukoil's Serbian unit unaffected by U.S. sanctions - report | Serbia Politics News | SeeNews". seenews.com. Retrieved 2026-07-23.
- ↑ "US Carlyle Group agrees to buy Lukoil's global assets after sanctions pressure". Reuters. Archived from the original on 2026-01-30. Retrieved 2026-07-23.