All news

Serbia not considering nationalization of Russian stake in NIS — President

Russia still controls 56.15% shares in NIS

BELGRADE, May 6. /TASS/. Serbia is not considering an option of nationalizing the Russian stake in NIS company, President Aleksandar Vucic said on Friday.

"Serbia has not nationalized anything from Russia; we do not strip of possessions," Vucic said. "We will talk. Serbia must have oil," he noted.

Russia still controls 56.15% shares in NIS, the Serbian President said. "The sale of 5% of shares from Gazprom Neft to Gazprom has not changed anything. Russia holds the controlling stake - 56.15%, we have 29.76%, and minority shareholders have the rest," Vucic said.

The President also expressed hope that the conflict between Russia and the West will end sooner or later and a peace conference will take place.