JANAF expects about 130 million euros in revenues in 2017 – Croatia, 16 January 2017

Last week, Croatian crude oil transportation company JANAF signed an agreement on the transport and storage of oil and oil products in 2017, worth about 33 million euros, with Serbian oil company NIS. Few weeks before that, the company signed several contracts, most notably with international oil trader Vitol and Czech company Unipetrol RPA, worth 16.5 million euros.
The new contracts already secured almost 50 million euros in revenues, which is the basis for expectations of even better business results of the company. JANAF is also in negotiations regarding several new contracts, but with those already signed and an increase in revenues recorded in the previous year (9.2 % increase in the first nine months, compared to the same period in 2015), JANAF is expected to reach the amount of 130 million euros in revenues in 2017, along with net profit of at least 33 million euros.

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