The greatest B&H private distributor of petroleum products HIFA-OIL Ltd. from Tesanj will remember 2015 as the year in which they broke all of the sales records. Compared to 2014, they increased this year sales by 10 % and CEO of the company Venan Hadziselimovic said that they managed to succeed in spite of unpredictable events in the world of petroleum products.
“We have strengthened our market position in B&H, and we maintained our presence in sales of black products in nine European countries. We are supplying the largest companies, which are involved in the construction of road infrastructure,” explained Hadziselimovic.
He added that the HIFA-OIL and its associated companies are recognized as serious business partners and that this local group is realizing and leaving their capital, profits and investments in B&H, thus supporting the domestic economy.
Through the associated company Europower, HIFA-OIL is expanding its portfolio of activities in the electricity sector. Conditions for engagement of companies owned by this groups in wholesale of electricity have been created, and the construction of hydropower potential is planned for 2016 as well.
(Source: faktor.ba)
