By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: The Cultivation of “Pure Gold” a Hit in B&H: A Liter of Oil costs up to 1.800 Euros
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > The Cultivation of “Pure Gold” a Hit in B&H: A Liter of Oil costs up to 1.800 Euros
BUSINESS

The Cultivation of “Pure Gold” a Hit in B&H: A Liter of Oil costs up to 1.800 Euros

Published: August 19, 2015
Share
SHARE

Immortelle Herzegovina bosniafarma.ba

The organic cultivation of immortelle and the production of essential oils are a very lucrative business, opted for by a growing number of Herzegovinians.

The oil is mostly sold abroad, where it can fetch as much as 1.800 Euros per liter. The purchase price of a kilogram of crude immortelle ranges from 4.70 to 5.2o BAM.

The seeds used in the cultivation of this plant are most often taken from the wild. Tomislav Zelenika from Jare near Siroki Brijeg also went down this road when he started producing seedlings, growing crops and producing essential oils.

“We all start with some calculation, I am the first one – how much can be earned from a kilogram, how do the prices range – but that is wrong. There is a lot of work, the biggest job is the maintenance of crops, the prevention of weeds”, Zelenika revealed.

According to the data of the Federal Agro – Mediterranean Institute Mostar, there are 500 hectares of immortelle crops in Herzegovina, with a tendency of spreading.

The Herzegovinian land has always been fruitful for growing numerous plants that are springing up almost like out of stone.  This is also the situation with immortelle, the so-called “new pure gold”.

“In the third year, the plant reaches the full fruit. The plant yields in the first two years as well, but much less. Therefore, in the third year the yield per plant should be 500 grams in one harvest, given that there are two harvests, in June and September”, Zelenika added.

In the beginning, as much as 1.000 kilograms of immortelle were needed for the production of a liter of essential oil.

“By purchasing new distillation apparatus, as written in our brochures, we have lowered that to some 600 – 800 kilograms, depending on the quality of immortelle. There is even information that new distillation apparatus appeared, with larger engagement of usage of under 500 kilograms per liter”, claims Marko Ivankovic, the director of the Federal Agro – Mediterranean Institute Mostar.

(Source: akos.ba/ photo farmabosnia)

British Investors to invest 3.5 Million Euros in the Gracanica Factory
After 23 Years “Pobjeda“ renewed the Partnership with Mercedes
Businessman from Jordan Interested to Invest in Srebrenik
Federal Prime Minister: No Increase of Pensions
Have you visited the Fair in Tuzla?
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Ankara: The Scope of Trade between B&H and Turkey to reach One Billion BAM?
Next Article Beautiful Photos of B&H in the World Media 4 times in 15 days
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Sarajevo Airport Director and Ambassador of Egypt Discuss Potential Direct Air Route
October 21, 2026
“Mostar Swallow” flies to the World Stage, to the International Sports Film Festival in Milan
October 21, 2026
Indonesian Master Woodcarvers to Restore Jepara Ornaments at Sarajevo’s Istiklal Mosque
October 21, 2026
Budapest 70 years ago: the Hungarian Revolution of 1956 was defeated militarily, yet Soviet tanks could not crush its ideals
October 21, 2026
26th Week of the Italian Language in the World being marked in Sarajevo
October 21, 2026
BiH Exports exceed 13 billion BAM; Trade Deficit continues to grow
October 21, 2026
Heavy rains threaten Floods and Torrents in Herzegovina
October 21, 2026
The FBiH Makes a First Step towards Introducing “Child Alert BH”
October 21, 2026
Citizens of Serbia Will Be Able to Vote in BiH, Kosarac Claims: “A Serious Political Victory for the Leadership of RS?
October 21, 2026
Prices in FBiH increase by 5.7 Percent on an Annual Basis
October 21, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?