NIS invested half a billion euros in 2013

January 1, 2014

Web site "" Media published a New Year statement from NIS’s CEO Kirill Kravchenko, which he gave for Tanjug Agency. The company NIS realized in 2013 an investment program worth more than half a billion euros, while investments in 2014 in the company development will be at the same level, Kirill Kravchenko NIS CEO said. Kravchenko pointed out that the news was good for NIS, because considerable results were achieved: budget payments increased by a fourth against the year before, hence the NIS stake at the end of the year will account for 13 pct of total state revenues, which is nearly twice as much than five years ago. As he added further, the NIS strategic goal in 2014 is regional expansion in the Balkans in 2014, both in the field of research and production, and in the field of retail network development.