gazprom

NIS Returns to Profit as Sanctions Approval Remains Key Energy Risk

Naftna Industrija Srbije (NIS) recorded a significant financial recovery in the first half of 2026, reporting RSD 9.8 billion in net profit after a RSD 3.6 billion loss in the same period a year earlier. However, the company’s operating outlook remains closely linked to the renewal of sanctions-related approvals that determine its ability to continue normal energy operations. NIS reported earnings before interest, tax, depreciation and amortisation (EBITDA) of RSD 35.1 billion during the first six months of the year.…