JANAF Archives - Page 2 of 2 - Balancing Energy

Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion

Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj Terminal. A public tender for the project is expected to launch in early August. Valued at over 30 million euros and fully financed from JANAF’s own resources, this marks the company’s largest single investment in […]

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Croatia: JANAF boosts renewable energy portfolio with new Vodjinci solar power plant

The Croatian state-owned oil transportation company JANAF has successfully commissioned and connected its Vodjinci solar power plant to the national grid. With this new addition, JANAF now covers 86 percent of its electricity needs using its own renewable energy sources. The Vodjinci plant received its operational permit and was completed according to schedule. JANAF acquired

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Croatia: Janaf extends storage deal with Rijeka Trans

Croatia’s oil pipeline operator Janaf announced on April 11 that it has extended its storage agreement with local wholesaler Rijeka Trans until the end of July 2027. Under the renewed contract, Janaf will continue to provide storage for 10,000 cubic metres of oil derivatives at its facilities in Omisalj, according to a filing with the

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Croatia: JANAF proposes substantial dividend payment amid strong profitability and expansion plans

The Management and Supervisory Boards of the Croatian oil transportation company JANAF have proposed a dividend payment of 28.81 euros per share to its shareholders. This follows a highly profitable year for the company, surpassing the business goals set by its management. As a result, shareholders are set to receive a substantial dividend as a

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Croatia: JANAF acquired its first solar project

Jadranski Naftovod has begun with its very first solar power plant project, with plans to put it into function by March next year. Jadranski Naftovod has officially taken over 100% of the shares in the company Solar Energy Vođinci. That of course includes the investment in a solar power plant in Vođinci, near Vinkovci. That

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