May 21, 2014New member of INA, d.d. Management Board
At the session of the Supervisory Board of INA-Industrija nafte d.d. held on 21 May 2014, Supervisory Board accepted the resignation of Dr. Pál Kara from the position of the member of INA, d.d. Management Board and unanimously appointed Dr. Gábor Horváth as member of INA, d.d. Management Board for a period from 21 May 2014 until 31 March 2015.
May 21, 2014Donations to help victims of the flood in Slavonia
INA-Industrija nafte d.d. donated more than a million HRK to help victims of the flood. Half a million was paid to the Red Cross, while 64,000 liters Eurodiesel will be shipped to the flooded areas.
May 9, 2014INA wins “Best Corporate Governance in Croatia” award
INA is the winner of the Best Corporate Governance in Croatia award given by the World Finance, financial magazine based in the UK. The award is given in the category “the World Finance Corporate Governance”, based on the opinion of business and financial journalists, supported by a research team.
April 30, 2014INA published financial results for the first quarter of 2014
Zagreb, 30 April 2014 – INA Group’s EBITDA for Q1 2014 amounted to HRK 831 million. At the same time net profit amounted to HRK 241 million. Operating cash flow remains strong, at HRK 452 million in Q1 2014 while the Group’s financial position improved further as gearing level decreased to 26.2% in this quarter from 30.6% a year ago. Net debt amounted to HRK 4,687 million, 31% lower compared to the end of Q1 2013. Download
April 16, 2014INA installed new coke chambers in Sisak Refinery
In the past two days installation of new coke chambers was carried out at the Coking plant at Sisak Oil Refinery. This investment, worth HRK 31 million, will increase the safety of production units, while the completion of the works, which includes the installation of accompanying constructions and equipment, is scheduled for June this year.
April 16, 2014Open letter of the Management Board of INA
To prepare for the last winter season, INA-Industrija nafte, d.d. (INA) through its company Prirodni plin d.o.o. (Prirodni plin) filled the only domestic gas storage facility with over 550 million cubic metres of natural gas so that no household or industrial consumer be left without adequate supply even in coldest winter temperatures.
February 14, 2014INA published financial results for 2013
In 2013 INA Group EBITDA (excluding special items) amounted to HRK 3.7 billion and net profit (excl. special items ) to HRK 953 million. Total net sales revenues amounted to HRK 27.4 billion.
February 3, 2014INA replacing coke chambers in Sisak Refinery
INA invested 31 million to replace two coke chambers at the Sisak Refinery, whose delivery and transport will be carried out today and tomorrow. Installation is planned during Sisak Refinery turnaround in spring 2014.