We notify herewith all the employees in JP Transnafta, its suppliers, creditors and all interested parties, that JP TRANSNAFTA Pancevo changed its legal form, from the legal form of public company in the legal form of joint stock company which is not public, under the full business name:
Joint Stock Company for oil pipeline transport and oil product pipeline transport “Transnafta” Pancevo (further: Joint Stock Company).
Abbreviated business name of the Joint Stock Company shall be: TRANSNAFTA JSC PANCEVO.
Company registration number: 20084731.
The head office of the Joint Stock Company is in Pancevo, 1 Zmaj Jove Jovanovica Str.
The above change enters into force on 3rd August 2019, thereafter all the correspondence shall be performed with the Joint Stock Company using its full business name od the abbreviated: TRANSNAFTA AD Pancevo.
The following legal consequences arise from the registration of the Joint Stock Company:
Public Company continues to operate as a Joint Stock Company which is not public and ceases to operate as a Public Company;
Joint Stock Company continues to perform the business activities of the Public Company in the same way as the Public Company before the change of legal form;
Joint Stock Company continues to be the owner of the whole property and the debtor of all liabilities of the Public Company;
Judicial and other proceedings on behalf of or against the Public Company continue on behalf of or against the Joint Stock Company;
All agreements which the Public Company validly concluded by the date of registration of the change of legal form, shall remain in force and Joint Stock Company continues to be a party to these agreements without requiring the conclusion of the special annexes;
The original capital of the Public Company is converted into shares, owned by the Republic of Serbia, in 100% of the total share issue.
Managing Director of TRANSNAFTA JSC Pancevo