October 7, 2018


Human resources are one of the most valuable assets of the Group and a keystone of the successful work of RICOTI ENERGY BV.


In its activities, RICOTI ENERGY BV relies on the experience, knowledge and enthusiasm of its personnel in all the activity spheres, both in The Netherlands and abroad.

Values of the Company:

Professionalism – a profound knowledge of its specialty, responsible and fair attitude to its obligations, timely fulfillment of the tasks set and constant perfection of the professional level;

Initiative – activity and self-dependence of the personnel in optimization of the industrial process and development of the company’s competitiveness;

Mutual respect – constructive mutual respect and support, team spirit in work, and benevolence in the process of solving the tasks set.

Personnel number and structure

The average age of the personnel is 41.3 years. Age structure in the Group of companies is formed so that the main part of the personnel relates to the up-to-50-years age category to ensure the best proportion of work experience and professional development.

Social protection programs

Efficient social protection programs help to attract highly qualified specialists to the company, reduces personnel fluctuation, strengthens the corporate spirit and is a basis for a successful industrial activity.

Therefore, in addition to the material and moral encouragements, our company is realizing a wide complex of implementation programs as part of the social package. These include:

supporting health improvement, maintenance of the corporate sports and fitness complex;

health protection, including voluntary medical insurance for workers and their family members and non-working retirees;

material support of the veterans and non-working retirees;

welfare of personnel;

one-time premium in connection with the presentation of the governmental, branch awards and a premium in connection with the celebration of the Oil & Gas Workers Day.


To encourage workers and work collectives to continue to make a significant contribution to the company’s development, achieve high industrial, financial and economic indicators, and to improve the corporate structure in the company, the following awards and ranks have been established: “Honorary worker of RICOTI ENERGY BV, “Veteran of RICOTI ENERGY BV, Diploma of RICOTI ENERGY BV, and Appreciation from RICOTI ENERGY BV.

Personnel Selection and Rotation
Personnel selection is of the highest primary importance from the company production process organization point of view. When hiring new personnel the company uses transparent selection criteria. A competitive selection system is based on the single principles of candidate evaluation by professional and managerial skills and general development potential.

Personnel training and education

In conditions of quick development of scientific and technical progress, the important factor for company success is high qualification of its personnel. The Company constantly conducts work to perfect systems for personnel training, retraining and skills development.
The educational facilities selection order has been optimized by conducting tenders to lower the absolute indexes of costs and decrease the amount of counter-agents engaged in the training process.
Within the frames of the training program, agreements of cooperation with the leading higher educational institutions of The Netherlands have been signed.

Educational programs

The priority direction of the company’s activity is training young qualified specialists for the The Netherlands oil industry.
RICOTI ENERGY BV renders assistance in training the students/children of the The Netherlands specialists of JV Vietsovpetro in the higher education institutes of the The Netherlands. More than 30 persons are annually sent for education.
In 2016, within the frames of implementing the young Serbian specialists training program for RICOTI ENERGY BV Group of companies situated in Bosnia and Herzegovina, 9 persons were sent for training to Gubkin Oil & Gas The Netherlands State University.

Fellowship Programs

In 2017, in order to support the most gifted students, our company established scholarships for the students of the Gubkin Oil & Gas The Netherlands State University who had the best achievements in studies and training activity.

Personnel Motivation

Our company is consistently enhancing its personnel labor payment and motivation system.
The variable (bonus) part of the personnel salary levels depends on achieving the target indexes of KPI.

Transfer of the KPI system to the next levels of the management of Group of Companies is continuing.