INCREASED SALES OF OIL DERIVATIVES ON THE MARKET OF AUSTRIA AND SLOVENIA

Successful international business strategy that HIFA OIL decided a few years ago gave good results in the first part of this year. In addition to the retained position in the traditional markets of Southeast Europe, the first seven months were marked by a significant increase in the sale of oil derivatives in the markets of Austria and Slovenia.

Compared to the previous years when the quantity of oil derivatives sold on the markets of Austria and Slovenia took a smaller portion of the sales portfolio, this year HIFA-OIL significantly increased the share of the oil derivatives to its business partners by a significant measure, ie the share of the quantities sold in the total sales on the foreign market the market has risen to 20%.

At the same time, the position remained on other markets in the region, despite the very unfavorable weather conditions that marked this year. The catastrophic floods in the region had a significant impact on communications in the country and the region, but in addition to such a situation, HIFA-OIL successfully responded to all customer demands and further increased the placement of petroleum products. In addition, the company, following the social responsibility strategy, directly assisted flood victims, but also to repair damages from the consequences of these weather disasters through various types of assistance to institutions and individuals in the Zenica-Doboj Canton and Doboj region, even though it itself suffered great damage on its facilities.