Beogas d.o.o. is engaged in financing, designing and constructing distribution pipelines, but it also distributes natural gas.
Activities of the company
Beogas d.o.o. is engaged in financing, designing and constructing distribution pipelines, but it also distributes natural gas in Belgrade municipalities Čukarica, Palilula and Voždovac, as well as in Pećinci since August 2015 and in Bačka Topola since June 2018. Beogas d.o.o. Beograd is the owner of 435.9 km of the gas distribution network and 11,320 active gas connections. In 2019 the company sold 313.3 thousand MWh of natural gas, up 19 percent on the previous year. In 2019 it generated EUR 11.0 million in sales revenue, up 24 percent on the previous year. The company’s operating profit stood at EUR 800.0 thousand in 2019, down 26 percent year-on-year. The company’s net profit for 2019 totalled EUR 744.4 thousand, down 26 percent from 2018.
The companies Beogas Invest d.o.o. and Domingas d.o.o. were merged into Beogas AD Beograd in April 2019.
The company’s equity totalled EUR 17.9 million as at 31 December 2019.