About Us

HIFA - OIL d.o.o. Tešanj operates as the most important private oil distributor in Bosnia and Herzegovina. During decades of experience and continuous growth since 2002, partnership and trust have been built with almost 2500 partners, in this and other activities and sectors that are part of the company. With more than 350,000 thousand tons of oil and oil derivatives distributed in 2024, HIFA-OIL currently holds a 25% market share in Bosnia and Herzegovina.

HIFA OIL, the biggest private petroleum distributor, since its founding, has been developing two basic business lines: "white" derivatives (diesel, petrol, and fuel oil, JET, LPG) and "black" derivatives which are bitumen and oil fuel, where petro chemistry and gas play a significant role.

In 2009, Hifa-Oil, a domestic company, expanded its business into the EU and regional markets due to new and differing market demands and increasing supply capacity. Operating in 11 EU and Southeast European markets places the company among the most significant distributors, acknowledged by partners who demand a serious and professional business strategy.

HIFA - OIL, in addition to wholesale, has been present in retail since 2007 with 13 gas stations in Bosnia and Herzegovina. Gas station locations are in: Teslić, Sarajevo (3 stations), Busovača, Rudo, Živinice, Gračanica, Doboj, Maglaj (2 stations), Gradačac and Brčko. In addition, HIFA-OIL is the only private oil company that is also present on the Montenegrin market with 8 gas stations located in Podgorica, Danilovgrad, Tivat, Budva, Nikšić and Sutomore. Both in Bosnia and Montenegro, the network of gas stations will keep growing in the upcoming years.

The seriousness of the business is reflected in the portfolio of HIFA - OIL d.o.o. Tešanj, where EUFOR forces stand out as customers, with whom we have concluded agreements on the supply and distribution of all types of derivatives, including JET fuel for their needs. HIFA - OIL is already known as a leader in the supply of oil and petroleum products with storage capacities of over 34 million liters, which refers to the fuel terminals in Zenica and Prijedor, as well as the terminal in Vogosća and new terminals in Sarajevo.
Since 2017, HIFA - OIL has been the supplier of JET fuel to the world's largest companies at the International Airports in Sarajevo, Tuzla and Mostar. Through quality sources of supply, trained and professional staff, sufficient logistics and truck capacity, with the construction of the most modern terminal in Sarajevo, the company remains on the trail of a safe, reliable and long-term supplier of airports and airlines operating in BiH.

In terms of corporate growth, 2021 is a crucial year for the organization. The necessity for increased use of renewable energy sources, or the energy of the future, has been acknowledged by creating a sector for the design, sale, and installation of solar panels as well as the trading of power. A significant step forward has been made in gaining representation with well-known companies Huawei and Longi and recognizing the company as a leader in this and the mentioned sectors. Covering a wide range of market regions results in a dispersed consumer and market structure and, consequently, more progressive development.

HIFA - OIL has harmonized its operations with the highest world standards, including a standard that includes a quality management system (ISO 9001 certificate) and environmental protection (ISO 14001 certificate), and such operations have been confirmed by the renowned certification company TUV Bayern Sava.

Also, HIFA - OIL is a member of the state and federal associations of distributors of oil and petroleum products, and a member of the Association of Businessmen Business Center Jelah - Tesanj.

We are considered a safe and reliable partner, and we have long been in the category of leading importers, exporters and distributors of petroleum products in BiH, and according to relevant indicators among the 10 largest companies in BiH, counting all economic areas and activities.