The Petrol LPG Group

Activities of the group

Petrol LPG d.o.o. is the sole owner of Tigar Petrol d.o.o. The companies sell liquefied petroleum gas in Serbia. It also fully owns Petrol LPG HIB d.o.o., which sells liquefied petroleum gas in Bosnia and Herzegovina.

In 2023, the Petrol LPG Group sold 50,8 thousand tonnes of liquefied petroleum gas, down 10 percent on the previous year. In 2023, it generated EUR 33.1 million in revenue from contracts with customers, a year-on-year decrease of 32 percent. The company’s operating loss for 2023 totalled EUR 0.8 million, a decrease of EUR 2.1 million from 2022. The group’s net loss for 2023 totalled EUR 0.7 million, which was EUR 1.9 million less than in the previous year. The group’s equity totalled EUR 10.9 million as at 31 December 2023.