The company was founded in 1934 and, during almost 80 years in operation and development, the entire business strategy of the Oil Refinery Belgrade was directed towards constant technological advancement of the production program and services.
The initial company BISTRANA, founded in 1934, merged with the company ANTIKOR in 1961, to form the company for the production of lubricants, anti-corrosion agents and chemical products. After integration with NAFTAGAS in 1970, the company Oil Refinery Belgrade was formed, with the head office in Belgrade, on the address Pančevački Put 83.
The Oil Refinery Belgrade became part of the energy, oil and chemical company JUGOPETROL, in which it was the bearer of production and, in 1992, after the adoption of the Law on the founding of the NIS public enterprise, became part of the Serbian Oil Industry (NIS), under its present name.
It separated from NIS in 2005 and operated independently until 2006.
In 2007, the Oil Refinery Belgrade was sold at a tender and continued operating as part of the Neochimiki Group of Companies.
At the start of 2012, that privatization contract was terminated and RNB continued to operate as a state-owned company until 2016, when it was bought by the consortium of the companies Virom Group D.O.O. and South Frontier D.O.O..
Over the years, the Oil Refinery Belgrade transformed from a chemical company to a modern refinery with significant technological and personnel capacities. The Refinery constantly monitors the needs and requirements of its clients and simultaneously modifies and improves the existing products and formulates new ones. The Refinery has a broad range of more than 200 products in different types of packaging. The quality of its products is certified by a number of international and domestic awards and recognitions which the Oil Refinery Belgrade received in the past few years.
All this proves the fact that, with its organization and operating model, RNB has already accomplished the prescribed European standards.