Success business story Hifa-Oil Tesanj expands its business group through new energy segments

The company “Hifa-Oil” Ltd Tesanj continues to expand its business groups by entering new energy segments, through the project of production of energy eco-pellet made from coal. 

They thus continue a trend that directly affects the strengthening of BiH economy and reduces unemployment, currently one of the biggest problems in BiH.

The company took the opportunity to present to the public their new product through participation in the 5^th International Economy Fair “GRAPOS - Expo 2014”, which was officially opened yesterday in Gracanica.

According to “Hifa-Oil”, in the course of this year they will begin intensive production of this completely new fuel on our market.

The production facility will be located within the former factory of juices Bosanka Doboj, in which the company has invested significant resources.

Furthermore, the company has registered a separate legal entity “Euro Style” Ltd Doboj, which will be the holder of the production, while the placement and distribution will be entrusted to experienced staff from “Hifa-Oil”.

One of the key factors why Hifa-Oil believes that the product will have a remarkable market success is much more acceptable price, which will be 40% lower than the current price of the wood pellets.