September 2, 2018 - Hifa Oil, the leading distributor of oil and petroleum products in Bosnia and Herzegovina, announced that it will open its first gas station in Podgorica within a month, as part of the expansion of the retail sector. Before that, they will also open a gas station in Rudo, the statement said.
Euro Oil is a new brand of the company Hifa Oil, which represents a combination of modern and European standards of a gas station with all accompanying contents, such as a supermarket. With the new visual identity and the concept that combines refueling and shopping, the new brand Euro Oil is also followed by new investments and new job openings with the goal that the company enters into a retail segment, which will, in addition to Euro Oil, include another brand of the company - Euro Marketi.
"We currently own four Hifa Oil - Euro Oil Stations in Sarajevo, Teslić, Busovača, and Banovići, and by the end of the year, we should have four more, of which two will be abroad, in neighboring Montenegro. In this way, in only a year we will double the number of retail Euro Oil Centers. We entered the retail market shyly two years ago with one station, and starting with this year we decided to make significant investments in this sector of the company's business. From the very beginning, we are trying to offer a new value, a higher level of service, new branding and additional content. So far we have been known as a reliable and quality distributor of high-quality fuel. Now, from wholesale, we enter the retail market more and more by setting new standards. In this way, we want to round off yet another successful oil story in which we will be a reliable supplier to customers both wholesale and retail," said Kenan Ahmetlić, executive director and member of the Hifa Oil Management Board.
Hifa Oil is the leader in the market of petroleum and petroleum products in Bosnia and Herzegovina, with a 20% share in the domestic market of white petroleum products. It is also first in the distribution of black derivatives in the domestic and regional markets in the field of asphalt construction in Austria, Slovenia, Croatia, the Czech Republic, Slovakia, and other countries of the region.
Source: investitor.me
