INA Answering Market Demands

Zagreb, September 21, 2018 – Given that the global oil and gas industry is undergoing through a period of intense changes, INA has identified the need for further adjustment to the market through continuation of implementation of organizational changes started back in 2017.

In that sense, new unit Industrial Services will be established that shall integrate corporate service activities such as procurement, investment, assets and services management with the aim of providing the best services to all organization units. Industrial Services will be at the moment managed by Acting Director Mr. Darko Markotić, Operating Director of Consumer Services and Retail, since all mentioned activities were in his domain until now. At the same time, Consumer Services and Retail organization unit, which he will remain the head of, will be focused on new initiatives and further improvements of consumer services.

Organizational unit Corporate Affairs will be cancelled and Operating Director Mr. Tomislav Thür, after years spent in the Company, is leaving this position. Organizational units that were under his competence will be transfer to be directly subordinated to the Management Board.  Mr. Thür joined INA in 2004 as member of the Management Board and Director for Corporate Processes. In 2012, he was appointed Executive Director for Corporate Affairs and as of 2017 Mr Thür was the Operating Director for Corporate Affairs. During his career in INA, with his extensive knowledge and experience he contributed significantly to development of the company, its results and numerous successes. He will continue his career outside of INA Group.

These organizational changes are proof of the Company’s focus on market demands, business innovation and development of new products and services in retail network as well as development of new products and services with the aim of meeting the market needs and demands of customers.

About INA Group
INA Group has the leading role in Croatian oil business and a significant regional role in oil and gas exploration and production, oil processing, and the distribution of oil and oil derivatives. INA Group consists of several affiliated entities, entirely or partially owned by INA, d.d. The Group is based in Zagreb, Croatia. Apart from Croatia, INA currently has business operations in the segment of oil and gas exploration and production in Angola and Egypt. The oil is processed at INA’s oil refineries in Rijeka and Sisak, while INA’s regional retail network consists of 496 retail stations in Croatia and the neighbouring countries.

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