SARAJEVO (Bosnia and Herzegovina), June 30 (SeeNews) – Bosnian oil refinery Modrica [BANJ:RFUM-R-A] will open a new blending center worth over 13 million marka ($7.4 million/6.6 million euro) on July 10, local media reported on Tuesday.
The construction of the blending center lasted for two years, news agency Srna reported, quoting the refinery's parent, Optima Group.
Rafinerija Ulja Modrica, which recorded a net loss of 2.4 million marka in 2014, produces motor and industrial oils, lubricants and paraffin.
Optima Grupa is in charge of Russian-based Zarubezhneft’s commercial and development operations in Bosnia.
(1 euro=1.95583 Bosnian marka)