The Petrol LPG Group
Activities of the company
Petrol LPG d.o.o. was established in February 2013 and is the sole owner of Tigar Petrol d.o.o. The companies sell liquefied petroleum gas in Serbia. In July 2016, Petrol LPG HIB d.o.o. was established, which is also fully owned by Petrol LPG d.o.o. The company sells liquefied petroleum gas in Bosnia and Herzegovina.
In 2022, the Petrol LPG Group sold 61.9 thousand tons of liquefied petroleum gas, down 13 percent on the previous year. In 2022, it generated EUR 48.5 million in sales revenue, a year- on-year increase of 14 percent. The operating profit for 2022 totalled EUR 1.4 million, an increase of EUR 1.2 million from 2021. The group’s net profit for 2022 totalled EUR 1.1 million, which was EUR 1.3 million more than in the previous year. The group’s equity totalled EUR 11.7 million as at 31 December 2022.