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Hifa-Oil d.o.o. (Bosnia and Herzegovina)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers
Full name: Hifa-Oil d.o.o. Profile Updated: October 09, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Hifa-Oil d.o.o. is a prominent private oil distributor located in Tesanj, Bosnia and Herzegovina. Since its establishment in 2002, the company has built partnerships and trust with nearly 2500 partners in various sectors. Hifa-Oil covers over 25% of the market in Bosnia and Herzegovina, distributing over 310,000 tons of oil and petroleum products in 2021. The company focuses on two main business directions: "white" derivatives including diesel, gasoline, heating oil, JET, LPG, and "black" derivatives such as bitumen and fuel oil. Hifa-Oil also expands into complementary sectors such as petrochemistry and gas. In response to market demands and increased supply capacity in the region, Hifa-Oil expanded its operations to 10 markets in the European Union and Southeast Europe. The company is recognized as a significant distributor, known for its serious and responsible approach to business relationships. In addition to wholesale operations, Hifa-Oil has entered the retail sector with 16 gas stations in Bosnia and Herzegovina and 8 in Montenegro. The company's network of gas stations continues to expand in both countries. Hifa-Oil's seriousness in business is reflected in its portfolio, which includes supplying EUFOR forces with various derivatives, including JET fuel. The company is known for its storage capacity of over 34 million liters, including fuel terminals in Zenica, Prijedor, Vogošća, and Sarajevo. Since 2017, Hifa-Oil has been a supplier of JET fuel to major international airports in Sarajevo, Tuzla, and Banja Luka. With reliable sources, trained personnel, and modern terminals, the company remains a secure and long-term supplier to airports and airlines operating in Bosnia and Herzegovina. In 2021, Hifa-Oil expanded its business by establishing a sector for designing, selling, and installing solar panels and trading electricity. The company has obtained representation from renowned companies such as Huawei and Longi, positioning itself as a leader in these sectors. This expansion allows for a dispersed market structure and progressive development. Hifa-Oil operates in accordance with the highest global standards, including quality management (ISO 9001 certification) and environmental protection (ISO 14001 certification). These standards have been confirmed by the reputable certification body TUV Bayern Sava. Furthermore, Hifa-Oil is a member of the state and federal associations of oil and petroleum product distributors, as well as the Business Center Jelah-Tesanj Entrepreneur Association. The company is recognized as a safe and reliable partner and is among the top importers, exporters, and distributors of petroleum derivatives in Bosnia and Herzegovina, ranking among the top 10 companies in the country across all economic sectors and activities.

Bukva, Bukva Br. 10 Str.
Tesanj; Zenica-Doboj; Postal Code: 74260

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