Onetime Serbian capital

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Possible Answers: NIS.

Random information on the term “NIS”:

Naftna Industrija Srbije (abbr. NIS; English: Petroleum Industry of Serbia) is a Serbian multinational oil and gas company with headquarters in Novi Sad, Serbia. The company’s main business is the production of petroleum and natural gas exploration, production, importing, processing, transportation, and marketing of oil and oil products in Serbia.

The predecessor of NIS was the Company for Crude Oil Exploration and Production, incorporated in 1949. The company was renamed to Naftagas in 1953 which later incorporated oil refineries in Pančevo and Novi Sad, as well as the Azotara fertilizer plant. By the end of 1973 Naftagas integrated the retail company Jugopetrol (transformed into Naftagas promet).

NIS, in its present form, was established in 1991 as a public company for the exploration, production, refining and trade in crude oil, petroleum products and natural gas integrating the following companies: Naftagas, Gas, Energogas, Pančevo Oil Refinery, Belgrade Oil Refinery and Kruševac Lubricant Factory (FAM). This company gave rise to three other companies: NIS, Srbijagas, and Transnafta. In October 2005, NIS was transformed into a joint-stock company.

NIS on Wikipedia

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