NIS received prestigious award of the East Capital in a category “Revelation of the year”

November 10, 2013

Daily newspaper " Kurir" NIS received a prestigious award, presented by Swiss company East Capital, in a category “Revelation of the year”, thus becoming the first energy company in the world and first Serbian company that received this prestigious recognition, NIS stated. “Modernization, introduction of new technologies and improvement of business operations led NIS from company that generated losses to highly profitable company with USD 500 million of profit in 2012”, it is stated in the explanation of an award. At the same time, NIS made a huge step forward when it comes to corporate management. CEO of NIS, Kirill Kravchenko stated that this award represents recognition for the right path of the company, while investments in development and innovations, amounting to EUR 2 billion in the last four years, brought real results. Kravchenko added that shareholder presents the award, as it knows company better than others and he carefully monitors on its business moves.