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HIP Petrohemija AD

Summary

Company ID (NIN)

08064300

Company owner / manager

  • Nis AD
  • State
  • JP Srbijagas Novi Sad
  • Other

Country

Serbia

Capital

55,569,132,000

Total assets

27,595,136,000

Net profit for the period

37,947,000

Report year

2018

Currency

RSD

Industry

Petrochemicals

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About HIP Petrohemija AD

HIP Petrohemija AD is a Serbian producer of polystyrene and synthetic rubber.

The company has an:

  • ISO 9001:2008 Quality management systems certificate, valid until June 22, 2020;
  • ISO 14001:2015 Environmental management systems certificate, valid until June 22, 2020;
  • ISO 50001:2011 Energy management systems certificate, valid until Dec 22, 2018;
  • OHSAS 18001:2007 Occupational health and safety management systems certificate, valid until June 22, 2020;
  • ISO 17025:2011 Quality management system certificate for the competence of testing and calibration laboratories, valid until Feb 1, 2020.

Last updated on Oct 26, 2018.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
July 8, 1975
NIN
08064300
Tickers
Stock Exchange
ISIN
Profile last updated
Oct. 26, 2018, 10:41 a.m.
Alternative names

    HIP Petrohemija JSC;
    Akcionarsko Drustvo za Proizvodnju Petrohemijskih Proizvoda, Sirovina i Hemikalija; HIP Petrohemija Pancevo;
    HIP Petrohemija AD Pancevo

History

    July 8, 1975 – Petrochemical producer HIP Petrohemija is established as an organization of associated labour (OAL),* in Pancevo, eastern Serbia.

    1990 – The company is transformed into socially-owned Drustveno Preduzece (DP)** HIP Petrohemija.

    1997 – DP HIP Petrohemija acquires plastics factory Panonijaplast, based in Crepaja, eastern Serbia.

    Aug 26, 2003 – The Serbian Privatisation Agency puts up for sale 70% in HIP Petrohemija. In 2006 the agency decides to offer 100% of the company.

    July 20, 2004 – HIP Petrohemija is transformed into joint-stock company HIP Petrohemija AD.

    July 12, 2007 – The company lists its shares on the over-the-counter market of the Belgrade Stock Exchange.

    September 2008 - The Serbian Government considers selling HIP Petrohemija to Russian OAO Gazprom's petrochemical subsidiary Sibur Ltd.

    Mar 16, 2012 - The company delists from the Belgrade Stock Exchange (Stock Symbol: PHEM, ISIN: RSPHEME88121).

    2016 - The company's management deposits a reorganisation plan in the Pancevo Court.

    2017 - The Pancevo Court approves the company's reorganisation plan and launches pre-bankruptcy proceedings against HIP Petrohemija AD.

    (Editor's note: *Organisations of associated labour (OAL) were state-owned companies in the former Socialist Federal Republic of Yugoslavia with socially-owned resources and workers' self management.
    **Drustveno Preduzece (DP) - Socially-owned firms were a corporate ownership concept from the former Yugoslavia, under which workers nominally owned their companies.)

     

     

Management

Supervisory Board
Sandor Ambrus
Member of the Board
Jovana Trivan
Member of the Board
Stanko Gujanicic
Member of the Board
Goran Stojilkovic
Chairman of the Board
Board of Directors and Executives
Misa Bulajic
Member of the Board
Dragan Zavisic
Member of the Board
Alexey Ageev
CFO
Alexey Ageev
Member of the Board
Velimir Unkovic
Member of the Board
Sasa Aleksic
Member of the Board
Velimir Unkovic
Chairman of the Board and CEO

Contacts

Address
82, Spoljnostarcevacka Str.
26000
Pancevo, Serbia
Telephones

+381 13 307 000
+381 13 307 020
+381 13 307 040
+381 13 307 030

Fax

+381 13 343 761
+381 13 310 207

Emails

info@hip-petrohemija.rs
kabinet@hip-petrohemija.rs
pr@hip-petrohemija.rs
marketing@hip-petrohemija.rs

Websites
www.hip-petrohemija.com

Ownership

Name Direct holding Indirect holding Owner type Country
Nis AD 20.86 Company Serbia
State 30.0 State Serbia
JP Srbijagas Novi Sad 32.18 Company Serbia
Other 16.96 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

HIP Petrohemija AD's product portfolio includes three lines:

  • basic products:
    • ethylene;
    • propylene;
    • C-4 fraction (up to 60% Butadiene);
    • pyrolytic oil;
    • pyrolytic gasoline;
    • NaOH (100% Caustics);
    • NaClO (sodium hypochlorite);
    • HCl (hydrochloric acid);
    • 1,3-Butadiene;
    • MTBE (Methyl Tertiary Butyl Ether);
    • hydrogen;
    • sulfuric acid, technical.
  • polymers:
    • High Density Polyethylene (HDPE);
    • Low Density Polyethylene (LDPE);
    • Styrene Butadiene Rubber (SBR).
  • final products:
    • gas pipes (20-250 mm in diameter);
    • water pipes (20-250 mm in diameter);
    • telecommunication pipes (32-110 mm in diameter);
    • electrofusion fittings – couplers, reducer couplers, tee-pieces, end caps, pipe elbows, branch saddles, tapping tees (20-250 mm in diameter);
    • fabricated fittings – equal tees, reducing tees, reducer couplers, pipe elbows, branch pipes, end caps, stub flanges (20-250mm in diameter);
    • corrugated electroinsulating pipes – polyethylene pipes (16-63 mm in diameter).
  • analysis laboratory - services
  • polymer laboratory - services

 

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