Outcome of Serbia's attempt to buy NIS stake by end of 2025
Serbia buys stake • 25%
Russia retains stake • 25%
Stake sold to another entity • 25%
No change in ownership • 25%
Official announcements from the Serbian government, Naftna Industrija Srbije, or major news outlets
Serbia's Aleksandar Vučić Offers €700M to Buy Russia's 56.15% Stake in Naftna Industrija Srbije Amid U.S. Sanction Threat
Jan 5, 2025, 12:58 PM
Serbian President Aleksandar Vučić announced plans to engage in discussions with Russian President Vladimir Putin regarding potential U.S. sanctions against Naftna Industrija Srbije (NIS), a key oil company in Serbia. The U.S. is reportedly considering sanctions that would impact the company, which is 56.15% owned by Russia's Gazprom Neft. In response, Vučić stated that Serbia is prepared to buy out the Russian stake for approximately €700 million to mitigate the effects of these sanctions. He emphasized that while the government is ready to make this purchase, it aims to avoid the sanctions altogether. This information was conveyed during a government session and through various media reports.
View original story
Bought by Serbia • 25%
Retained by Gazprom Neft • 25%
Other outcome • 25%
Divested to a third party • 25%
Divestment to a Serbian entity • 25%
Divestment to a non-Serbian entity • 25%
Extension granted • 25%
No divestment • 25%
Sanctions delayed • 25%
Sanctions fully implemented • 25%
Sanctions partially implemented • 25%
Sanctions lifted • 25%
Serbia • 25%
No acquisition • 25%
Another country • 25%
Russia • 25%
Third party buys stake • 25%
Serbia buys stake • 25%
Gazprom Neft retains stake • 25%
Other resolution • 25%
U.S. and other allies • 25%
No sanctions • 25%
U.S. only • 25%
U.S. and EU • 25%