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Gazprom owned Serbian NIS to open 40 new petrol stations in Romania by year end

Naftna Industrija Srbije AD (NIS), the Serbian company controlled by the Russian group OAO Gazprom Neft, wants to open 40 new petrol stations in Romania and another 40 in Bulgaria by the end of this year and aims to extend the network to 120 units by 2014, according to the investment plan released by the company. The Serbian company will invest  EUR 500 million per year over the next three years and 40 percent of the funds will go to network ...

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