Oil transportation company JANAF achieved revenues of nearly 74 million euros in the first six months of 2023. That is 33% higher compared to the same period in 2022. At the same time, JANAF recorded a gross profit of nearly 39 million euros and a net profit of almost 32 million euros.
The revenue growth primarily came from the company’s core activities: oil transportation, and oil and petroleum products storage, amounting to almost 72 million euros, which is a 32% increase from the previous year. The business with foreign customers contributed 72% of the revenue from core activities, reaffirming the company’s export-oriented approach.
JANAF will continue to invest in the oil pipeline and storage system, ensuring a secure energy supply to this part of Europe, as the trust and satisfaction of its partners are a guarantee of continued business growth. He also highlighted the signing of new contracts for transportation and storage with MOL Group, the Croatian Hydrocarbon Agency, Vitol, INA, and Litasco during the first six months of the year.