Business excellence comes first

Bosnia and Herzegovina's leading private company in the field of oil and petroleum products, which is among the ten largest companies in the country, has achieved fascinating business results over the past year with its consistent use of the concept of business excellence.

Determining itself through total quality management as a particularly responsible company in its industry, Hifa Oil enters this year with 43 percent more employees than in the previous year. The year behind us was a turning point in her eighteen years of work. The growth of investments and the increase in the share of the oil and petroleum products market have influenced the increase of total revenue, while the export alone accounts for 75 million marks.

The management of the company has made a big step forward with the opening of retail stores, as Hifa Oil opened 8 gas stations in the past year, which directly contributed to the increase in the number of employees. Entering the Montenegrin market, where two gas stations were opened, is evidence that this company, with 14 retail outlets, is setting itself up as an extremely successful player in the region's oil sector.

The biggest business result in the last year, though, is the creation and launch of the new Isomax brand. The additive fuel, produced in collaboration with the renowned French firm Total, is proof that Hifa Oil is at the top of European black gold distributors in quality of its products. With fuel, the new Isomax brand is complemented by oils, lubricants and auto cosmetics that have flooded BiH. market.

This company, which works on a daily basis to build confidence and security for all customers, business partners and the entire community, has successfully transitioned to the new version of ISO 14001: 2015, which includes the environmental management system. To remind, Hifa Oil is the first oil company in BiH that has aligned its operations with the quality management standard - ISO 9001.

The market recognition, business results and superior fuel quality offered by Hifa Oil give a special place to this bright example in BiH. to the economic sky. Thus, last year's total revenue provided the state with 56.8 million KM. The Isomax branded products on our market last year provide drivers with driving safety, environmental protection, and extended vehicle life.

Environmental awareness, employee education and the concept of business excellence are driving Hifa Oil into new business challenges that will be recognized early this year through the opening of new retail stores that will offer the best fuel in the region. Thus, with their great ambitions, the management and employees of Hifa Oil continue to confirm their reputation as the leading beer distributor of oil and oil products in BiH and the region.