The amount of payments filling the Budget of the Republic of Serbia regarding direct and indirect taxes of the NIS company groups, including excises, income taxes and other tax contributions, exceeded last year's indicator by 37% and amounts to 86,6 billion RSD.

The realization volume of the Company investment program amounted to 37,86 billion RSD which is better than last year's same indicator by 25%. Most of the capital investments, 15,7 billion RSD, were directed to the field of exploration and production of hydro-carbon. The priorities of the investment program in that direction are: renewal of the geological exploratory operations with the objective of increasing reserves above the production level, foreign concessions, introduction of new technological solutions, automation of the production process and infrastructure development.

The Company invested 8,9 billion RSD in the development of refining pursuant to the results from the nine months in 2013. The key projects in this field were the realization of the program to enhance operational efficiency in the Pan

© Publicnow - 2013