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Hifa-Oil CG from Podgorica successfully listed on Montenegro Stock Exchange

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Hifa-Oil CG, a company headquartered in Podgorica, has successfully completed its registration process on the Montenegro stock market, becoming the 24th participant on BELEN’s markets.

Established in May 2017, Hifa-Oil CG is backed by Hifa-Oil Tešanj, the leading private distributor of petroleum products in Bosnia and Herzegovina.

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The company specializes in offering a range of white derivatives, including ISOMAX premium Eurodiesel, Eurodiesel, Eurosuper 95, Eurosuper 98, as well as black petroleum derivatives like asphalt bitumen and LUS-I mazut. Additionally, it provides transportation services for these products.

Recently, Hifa-Oil Tešanj also secured a license from the State Regulatory Commission for Electric Energy (DERK) to engage in international trade in electric energy.

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