economy

April 19, 2026

THIS IS WHAT IT MEANS FOR THE COMPANY AND FOR SERBIA! NIS Announced Regarding License Extension!

NIS Company hereby expresses its gratitude to all domestic and foreign partners who have supported this process, it was stated in the company's announcement.

THIS IS WHAT IT MEANS FOR THE COMPANY AND FOR SERBIA! NIS Announced Regarding License Extension!

TL;DR

  • NIS has obtained a new special license from the US Ministry of Finance, valid until June 16, 2026.
  • The license permits NIS to continue its operational activities, including refining, crude oil imports, and necessary financial settlements.
  • This development is seen as a positive signal for the acquisition of the Russian stake in NIS by Hungarian MOL.
  • The extension is crucial for NIS's stable business operations, job security, and Serbia's energy supply.
  • Negotiations between MOL and Gazprom concerning the ownership change are nearing completion.
  • Discussions with the Serbian government regarding shareholder agreements are expected to conclude soon.

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