Industrija nafte

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INA-Industrija nafte dd

logo
legal form Corporation
ISIN HRINA0RA0007
founding 1964
Seat Zagreb , Croatia
management
Number of employees 12,503 (2014)
sales 23.8 billion HRK (3.1 billion €) (2014)
Branch Petroleum industry
Website www.ina.hr

The mineral oil and gas group INA-Industrija nafte dd, founded in 1964 (roughly translated as “mineral oil industry”) is the second largest company in Croatia after the food group Agrokor with around 17,000 employees and an international network of over 400 filling stations .

The partially state-owned company based in Zagreb holds licenses for the exploration and production of oil and gas in Croatia , Russia , Angola , Albania , Algeria , Libya , Egypt and Syria .

history

1964 to 1990

INA started on January 1, 1964 and was the result of a merger of Naftalin Zagreb with the Rijeka and Sisak refineries . INA's sales department was integrated in the first year. The Lendava refinery joined INA in 1966. The Zagreb refinery, the Kutina fertilizer plant , the Petronafta company from Solin , the oil pipeline from Opatovac to Bosanski Brod and the Zagreb Inženjering, OKI Zagreb and DINA Omišalj Petrochemical Works followed. INA's refining capacity increased from 2.2 million tons to 15 million tons between 1964 and 1979. The number of petrol stations rose from 165 to over 500 stations after 1966. The group was one of the main investors in the 1979 pipeline between Omišalj and Sisak. Between 1980 and 1990 INA was the largest company in the Socialist Federal Republic of Yugoslavia with 32,000 employees. After Croatia's independence in 1993, INA was transformed from a state-owned company into a public limited company.

Development after Croatian independence

INA head office in Zagreb

A subsidiary of INA is the Crosco company, which specializes in oil production. INA also has several holdings, including 10% in OMV ISTRABENZ and, together with MOL, has a 67% stake in the Bosnian Energopetrol.

Before his role as Prime Minister of Croatia (1995–2000), Zlatko Mateša was a director at INA. The current INA CEO is Tomislav Dragičević.

After Croatia's independence, the company was shaken by massive crises until 2001. According to experts, it was losing about a million dollars a day at the time.

In 2002 INA produced 1.8 billion cubic meters of natural gas and 1.34 million tons of crude oil . Their two refineries produced over 5.03 million tons of petrochemical products.

During the partial privatization that took place in November 2003, 25% plus 1 share were sold to the Hungarian oil company MOL. This investment made Hungary the most important investor in Croatia in 2003. At the end of the privatization process, the Croatian state will have reduced its stake in INA to 25%. On December 1, 2006 , the Croatian state sold 15% of its shares on the stock exchange. The shares are traded on the Zagreb Stock Exchange and the London Stock Exchange . The issue price of shares to private individuals in Croatia was 1,690 kuna / per share. On the first day of trading, the price on the stock exchange rose to 2500 kuna.

In the summer of 2004, the management announced a modernization of the two refineries in the country in order to be able to use them to produce petrol and diesel fuels according to the current EU standard from 2009 .

At the end of September 2004, the company reported a major oil discovery in Syria (oil field "bijele noći", in German "white nights"). And in January 2007 INA and its German partner RWE Dea discovered an oil deposit in Egypt.

At the beginning of 2006, only petrol and diesel fuels according to the EU standard EURO IV will be offered in Croatia . Soon there will also be a changeover to the EURO V standard.

In 2015 INA operates a network of 442 filling stations in Croatia, Bosnia and Herzegovina , Montenegro and Slovenia .

Refineries

Rijeka

Rijeka Oil Refinery

INA is the operator of the Rijeka oil refinery, which is located in the Bakar area at the entrance to Bakar Bay .

The Rijeka oil refinery was founded in 1883 in the Mlaka district. It started production with 300 employees and was the largest refinery on the continent with an annual capacity of 60,000 tons. After the First World War , Rijeka became part of the Kingdom of Italy and the refinery became an important part of the Italian oil program. It was renamed Raffineria di Olli Minerali SA in 1922. From 1926 the refinery was the first industrial company of the Italian Agip . At the beginning of World War II , the refinery had a capacity of 120,000 tons. After the end of the war, Rijeka belonged to Yugoslavia. The destroyed refinery was rebuilt and later expanded to include a new plant in Urinj. There were Lubricants manufactured and in Mlaka fuels . The refinery had an annual capacity of eight million tons in 1965.

As part of the port expansion of Rijeka, the oil port was relocated to the Bay of Omišalj on the island of Krk (JANAF) from the 1960s , from where a 7.2 km long and 20 inch thick pipeline leads to the Rijeka oil refinery. This is located 12 kilometers south of the city and covers an area of ​​3.5 square kilometers in the municipalities of Kostrena and Bakar and can be reached by ship, road and rail.

In the 1980s, the refinery produced 250 different oil products, including the country's first unleaded petrol from 1984 .

The refinery has its own port, shipyards and offshore facilities for the supply and transport of goods, crude oil , petroleum products and petroleum derivatives. The following products are produced in the INA refinery: Liquefied petroleum gas, virgin naphtha , motor gasoline , kerosene , aviation turbine fuel, kerosene, diesel fuel, heating oil, fuel oil, bitumen , coke, liquid sulfur, base oils , automotive and industrial lubricants , lubricating greases and paraffin.

Sisak

Sisak Oil Refinery

INA operates a second refinery in Sisak , directly at the confluence of the Kupa and the Save . Its story begins in 1923 with the establishment of an oil warehouse by the Royal Dutch Shell . In 1928 Shell expanded the warehouse with the first refinery plant. It had a daily capacity of 170 tons. In 1940 the processing of domestic crude oil began. The refinery was badly damaged during the Second World War. After the end of the war, production was resumed in September 1945 and reached pre-war levels in 1949. From 1956 to 1964 the production facilities were expanded and the annual capacity increased to 1 million tons. By the mid-1980s, capacity increased further to 6.7 million tons.

During the Croatian war from 1991 to 1995, the front ran only a few kilometers from the refinery, so that production facilities were destroyed. During the reconstruction after the end of the war, the refinery was modernized.

In September 2014, plans became known that INA wanted to close the refinery in Sisak. At the beginning of October 2014, INA's Supervisory Board decided to postpone the refinery closure.

Individual evidence

  1. Company profile ( English , pdf) INA. Archived from the original on September 24, 2015. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 27, 2015. @1@ 2Template: Webachiv / IABot / www.ina.hr
  2. Key financials ( English ) INA. Archived from the original on September 24, 2015. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 27, 2015. @1@ 2Template: Webachiv / IABot / www.ina.hr
  3. ^ History ( English ) INA. Archived from the original on March 26, 2015. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved September 1, 2015. @1@ 2Template: Webachiv / IABot / ina.hr
  4. Retail ( English ) INA. Archived from the original on December 18, 2015. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved September 10, 2015. @1@ 2Template: Webachiv / IABot / www.ina.hr
  5. a b c History of Refineries ( English ) INA. Archived from the original on September 9, 2015. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved September 9, 2015. @1@ 2Template: Webachiv / IABot / ina.hr
  6. INA: Rijeka oil refinery ( Memento of the original from March 7, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed July 27, 2010 @1@ 2Template: Webachiv / IABot / www.ina.hr
  7. ↑ Oil company INA wants to decide on refinery closure . Industrial magazine. September 19, 2014. Retrieved September 22, 2015.
  8. INA postponed the decision to close the refinery . Austrian Gas Grid Management AG. October 3, 2014. Retrieved September 22, 2015.

Web links

Commons : Rijeka Oil Refinery  - Collection of pictures, videos and audio files