There is no more delay, the United States of America has imposed sanctions on the Serbian Oil Industry, the company's management announced
American sanctions Due to the oil industry of Serbia majority ownership of Russia they came into force this morning at six o'clock, NIS announced and denied the information reported by some media on Wednesday (October 9) that the sanctions are being postponed for another seven days.
The company informs the public that the special license of the United States Department of Finance, which enables smooth operational business, has not been extended until this moment.
"From the moment the company was listed on the SDN (Specially Designated Nationals) list in January, NIS has been carefully monitoring the situation and is trying to adapt its business to the new circumstances. The priorities, as before, remain the regular supply of petroleum products to the domestic market, as well as the preservation of the social stability of employees. NIS has secured sufficient stocks of oil for processing at this time, while gas stations are properly supplied with all types of petroleum products," the statement said.
In the event that foreign payment cards (Master card, Visa) cease to function, payment at gas stations will be possible with the domestic "Dina" card, cash, and the "IPS show" method.
"The use and payment of 'With us on the road', Agro and Taxi cards will be available without interruption. As for wholesale, smooth payment traffic in dinars is also ensured and NIS, for its part, remains a reliable partner and is ready to fulfill all contractual obligations to business partners, including corporate clients and large customers. The payment cards of corporate customers function smoothly," the statement added.
It should be noted that in cooperation with partners, the Government of the Republic of Serbia and shareholders, NIS is working to overcome this situation.
NIS continues to cooperate with the US Ministry of Finance on the request for removal from the SDN list, which the company initially submitted on March 14, and supplemented on September 28 of the current year. Delisting is a long and complex process.
It is emphasized that the Company continues to carefully monitor the current situation and will promptly inform the public of any new circumstances that may affect the operations of NIS.
This October, "Vreme" celebrates and honors - as much as 35 percent discount for our 35th birthday! Valid for semi-annual and annual subscriptions. Subscribe now!
"According to the nine-month balance sheet, NIS owes the banks around 540 million euros. Everything indicates that the state will have to take over NIS, through nationalization or through the introduction of bankruptcy," says businessman and owner of "Point Group" Zoran Drakulić
BMW's supervisory board decided that from May 2026, Milan Nedeljković, former director of production and long-time manager of the concern, will head the company. Nedeljkovic will replace Oliver Cirpse, who is retiring due to internal age limit rules.
As many as 51 settlements in Serbia do not have an alternative to NIS gas stations, warned the Minister of Energy Dubravka Đedović Handanović, announcing that the state will deal with the supply in those areas because of US sanctions against this company.
There is definitely a higher demand for euros in exchange offices, the Association of Exchangers of Serbia told Vreme. The reason is the uncertainty surrounding the NIS, but primarily the irresponsible messages of the President of Serbia, Aleksandar Vučić
Three companies owned by Elektroprivreda Srbije are formally registered in Kosovo, where they have not performed any activity for 25 years. Their total debt has meanwhile exceeded 580 million euros, according to financial reports analyzed by Radio Free Europe
The euro jumps, people flock to exchange offices, banks refuse to say whether they do business with NIS, and the regime says - everything is panic. It is possible, but who is wider
The performance of the Minister of Culture Nikola Selaković in connection with the Prosecutor's Office for Organized Crime does not, admittedly, exude special acting talent, but it faithfully portrays the nature of the progressive government.
Declaring that Vučić is the real target of the Prosecutor's Office for organized crime, Selaković almost alluded to the American anti-mafia law RICO - not only those who directly participated in criminal acts are prosecuted, but also those who were at the head of the organization that committed them. And it is known who leads the progressive government
The departure of the best European coach
Nothing is black and white except "Partizan" and Željko Obradović subscribeThe archive of the weekly Vreme includes all our digital editions, since the very beginning of our work. All issues can be downloaded in PDF format, by purchasing the digital edition, or you can read all available texts from the selected issue.
See all
