The Beogas Group
The company Beogas Invest d.o.o. is together with its subsidiaries engaged in financing, designing and building a distribution gas pipeline and performing the activity of natural gas distribution in three Belgrade municipalities.
Activities of the company
The company Beogas Invest d.o.o. is the sole owner of the companies Beogas d.o.o. Beograd and Domingas d.o.o. In June 2018, the company Rodgas AD was merged into Beogas Invest d.o.o. Together with its two subsidiaries, Beogas Invest d.o.o. is engaged in financing, planning 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 425 km of the gas distribution network and 10,858 active gas connections. In 2018 the group sold 262.9 thousand MWh of natural gas, up 27 percent on the previous year. In 2018 it generated EUR 8.8 million in sales revenue, up 33 percent on the previous year. Its operating profit stood at EUR 1.1 million in 2018, an increase of 0.6 million from the previous year. Its net profit for 2018 totalled EUR 1.0 million, an increase of 0.5 million from 2017.
The group’s equity totalled EUR 16.9 million as at 31 December 2018.