Oil refinery from Bosanski brod increased their loses

in #business6 years ago

Oil refinery from Bosanski brod in Bosnia and Herzegovina has increased their accumulated loss to 622,2 million KM, which is almost 320 million EUR, showed report for independent revision.
This year account shows financial minus of 10,8 million KM, and short term liabilities are 40,4 million KM above working assets, which combined show that stable business is threatened.

It is expected that parent company "Njeftegazinkor" will support the oil refinery to stabilize their business in the future, but quantity of refined oil in 2018 is lower than in 2017.

It will be though for Bosanski brod oil refinery to completely survive in this way of business.

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