INA (company)

INA - Industrija nafte
Type Public (ZSE: INA), (LSEHINA)
Industry Oil and gas
Founded 1 January 1964[1]
Headquarters Zagreb, Croatia
Key people Zoltán Áldott, Chairman of the Board
Davor Štern, Chairman of the Supervisory Board[2]
Revenue EUR 3.55 billion (2011)[3]
Employees INA Group: 16,304 (31 Dec 2009)
INA d.d.: 9,931 (31 Dec 2009)[1]
Website http://www.ina.hr/

INA - Industrija nafte, or INA for short, is the national oil company of Croatia. It was founded in 1964. The company is owned by the Hungarian oil company MOL Group (47.16%), the Republic of Croatia (represented by the Croatian Government) (44.84%) and private investors (7.9%).[1] Its stock is listed at the Zagreb Stock Exchange and through GDRs at the London Stock Exchange. With its 2010 revenue of 25 billion HRK, INA is Croatia's largest company.[4]

Operations

The main INA company, INA d.d., is involved in exploration and production of oil and gas, deriving oil and the trade of oil and oil derivatives. The INA Group is the group of daughter-companies, including PROplin which deals with liquified petroleum gas, Crosco which deals in drilling & well services, STSI for technical services and Maziva-Zagreb which produces lubricants. INA also owns a stake in JANAF, the Adriatic oil pipeline.

References

External links