Lukoil Serbia 2014 Net Loss Surges

Lukoil Serbia's net loss surged to 13.5 billion dinars ($125.1 million/112.5 million euro) in 2014 from 3.2 billion dinars a year earlier, data from the Serbian business registry agency showed.

Lukoil Serbia's operating revenues fell to 28.8 billion dinars last year from 30.3 billion dinars a year earlier while its operating expenses dropped 6.5% to 28.9 billion dinars, the agency's data showed.

The company operates a network of 112 filling stations, data from its website indicated.

(SeeNews)