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Hifa-Oil, Euro-Metali and Euro-Roal are among the 2.5% of companies in BiH that are platinum excellent

Hifa-Oil, Euro-Metali and Euro-Roal are among the 2.5% of companies in BiH that are platinum excellent

This year, only 16.7% of businesses in Bosnia and Herzegovina can say they are among the best; according to a Dun & Bradstreet analysis from August 2023, only 6,303 of the 37,669 businesses that filed their final report for the year 2022 to the relevant agencies have an excellent credit rating.

The highest value of credit excellence - Platinum excellence - is held by companies that have demonstrated golden excellence for three years in a row - this year there are less than 1,000 such companies, that is, only 2.5% of companies in BiH are platinum excellent.

HIFA-OIL, EURO-METALI I EURO-ROAL

HIFA-OIL is definitely one of the businesses that sets an example for the local economy; its three-year platinum streak attests to their ability to continue operating at a high standard despite apprehensive times. HIFA-OIL is not only a leading distributor of oil and oil derivatives in the region, but also a company that operates successfully on international markets. With over 1.2 billion KM in revenue last year, Hifa-Oil as a part of a group consisted of 19 enterprises operating in 11 markets can brag of outstanding experience and successes.

“HIFA-OIL group with its members follows a long-defined vision to become a key leader in the markets and in all segments in which the members of the group operate, and primarily I mean a serious, responsible, systemically prepared and predefined flow of all planned activities, in which a key role our employees have and investment in the development of their competences in order to respond to each goal and task. The platinum company status that we have maintained and our members EURO-METALI and EURO-ROAL have also received is a confirmation that we are on the right track. believe that the challenges ahead and the changes, primarily in the direction of energy transition and sustainable development and of course the state and status of the markets in which we all operate, will also give new answers as to whether the comparative advantages we possess as a group were as successful as they have been so far." said prof. dr. Venan Hadžiselimović, general director of HIFA-OIL.

The platinum certificate was also awarded to EURO-METALI d.o.o. and EURO-ROAL d.o.o. Doboj Jug. As members of the HIFA-OIL group, these businesses are all industry leaders in the markets where they operate and the most effective ambassadors for Bosnia and Herzegovina's economy abroad.

“Certificate of platinum excellence, possessed by only a certain, extremely small number of companies in BiH, is a confirmation of the long-term dedicated work of the entire EURO-METALI team led by the management. This acknowledgement demonstrates to our partners and ourselves how conscientiously and effectively we manage our business processes. We proudly present this certificate to our international partners, customers, and suppliers as a crucial detail that offers them additional assurance that they are working with a trustworthy and established partner. It is particularly important and significant in our communication at the international level because it was issued by a reputable international agency based on an open and honest analysis of all the important financial parameters of the company. As a company, we have been active in the regional market in Croatia and Montenegro for the past two years, therefore this is really significant to us," stated Jasmin Subašić, director of EURO-METALI.

"We feel tremendous accomplishment and fulfillment from being in the company of businesses and at the pinnacle of creditworthiness excellence with the platinum certificate, but we also feel a great deal of responsibility for all of our employees and business partners. Our journey from the lowest credit rating at the outset to the highest rating demonstrates that during the course of our twelve-year existence, we have operated with responsibility, discipline, and the ability to make mature decisions. As recipients of the Platinum certificate, which we hope to maintain in the future, we now have even more responsibility and challenges. Our objective is to create a business that will prosper long after we and our generations are gone. We want to create a business where future generations can follow the path we have "paved" and provided for them because we think that this is the only right course and a long-term tale. For our employees and me personally, this is the greatest satisfaction worth working and fighting for!", said Admir Djedović, director of the EURO-ROAL company.

Inform the world market that your firm is succeeding

Because it signals to the business public on both the domestic and international markets that the company holding it upholds the highest standards of business ethics, a high credit rating facilitates business for all companies. Certified enterprises enjoy a high reputation among business partners, which is especially crucial in times of widespread economic instability. The certificate acts as a legitimate passport for business expansion on the worldwide market and reflects a mirror image of the company.