NIS and „Sberbank Serbia“ Initiated Cooperation

May 16, 2013

The Managing Director of NIS Kiril Kravčenko and Executive Board Chairman of „Sberbank Serbia“ Valerij Ovsjanikov, in the presence of Vice-President of „Sberbank“ for international cooperation Sergei Gorkov, signed an agreement in Belgrade on initiation of cooperation between the two companies. The signed document opens opportunities for future cooperation between NIS and „Sberbank Serbia“on a realization of a project which is of mutual interest. „We hail the arrival of a new player on the Serbian banking market, because this leads to the growth of competition levels and provides businessmen and investors with new opportunities for the development of business „Sberbank Serbia“has offered NIS attractive conditions for cooperation and I am certain we will use this partnership for the development of our business both in Serbia and the south-western European region“– stated the Managing director of NIS Kiril Kravčenko. Sberbank has mutually satisfactory, traditional and long-term relations with the oil and gas companies. It is our pleasure Sberbank Serbia has signed this agreement with NIS. We predict similar documents will be signed in the upcoming period with other businesses in Serbia. We are interested in a long-term cooperation in all segments of economy, energy production, food industry, trade etc“– said Vice-President of „Sberbank“Sergei Gorkov.