More than BAM 8 million invested in storage capacity and fleet
The investment follows growth across all three divisions, and the company has announced a new logistics centre and an acquisition in Vojvodina.
In 2024, OKTUM invested more than BAM 8 million (approx. EUR 4 million) in additional storage capacity and fleet. The investment follows growth across all three of the company's divisions — agribusiness, logistics and finance.
Logistics in numbers
The logistics division, the youngest of the three, runs a fleet of around 80 vehicles. In the first eight months of 2024, OKTUM vehicles transported just over 700,000 tonnes of cargo.
Agribusiness as the foundation for growth
The agribusiness division generates close to 60% of annual revenue. OKTUM operates in Bosnia and Herzegovina, the wider region and EU markets, as well as Turkey and Ukraine, and through exports of corn, wheat, barley and soybeans also works with global multinational companies.
“We achieve significant business growth every year.”
Announced next steps
The company has announced a new investment cycle: a large logistics centre intended to give clients fast, accurate and professional service, and the acquisition of a large company in Vojvodina.
The company cites rising energy prices and reduced predictability of the business environment as its main challenges.
Learn more about our logistics and agribusiness. Source: Poslovne novine, 7 October 2024.
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