Joint venture of Gazprom Neft and the Serbian government, Naftna Industrija Srbije, will additionally capitalize HIP Petrohemija by €150 mln, increasing its share in it from 20.86% to 90%. These funds will be used to build a high-tech complex for the production of polypropylene with a capacity of 140,000 tons. Modernization of HIP Petrohemija's production facilities and implementation of projects to increase energy efficiency and environmental friendliness of production are also planned.