Zagreb – On 24 September 2014, JANAF Plc. hold the celebration ceremony of marking its 40th anniversary in Zagreb.
The celebration ceremony was attended by high profile guests from political, economic, scientific and social life, as well as members of the Diplomatic Corps accredited to the Republic of Croatia.
“Since its registration in the Commercial Court in Rijeka 40 years ago until today, JANAF has gained and confirm its significance in economic, geostrategic and energy sense in Croatia and the region, as well as in the European Union. For four decades JANAF has shown continuous growth and development, investing into modernization of its oil pipeline system, introducing new operation technologies, diversifying its business operations through development of storage activities related to crude oil and oil products”, pointed out DSc. Dragan Kovačević, Chairman of JANAF’s Management Board, in addressing the attendees.
Chairman of the Board further added that JANAF has continued with meeting the business challenges along with enhancing security of crude oil transport, as well as protection and safety of environment, humans and equipment and announced new projects: “The construction of a subsea pipeline linking the island of Krk with the mainland shall commence, while the project of the Omišalj Terminal upgrade is under preparation. Thus, new opportunities will be created, as concerns JANAF’s further development and successful business operations with increasing storage of crude oil and oil products and implementing the project of the Adriatic Centre for crude oil and oil products storage at Omišalj.”
“Development and successful business performance of the company are the result of work of all JANAF’s employees and management over the past 40 years, as well as our owners, clients and business partners. I would like to seize this opportunity to thank them all, on behalf of the Management Board, and to invite them to further cooperation leading to successful realization of the projects, which are not only of JANAF’s interest, but also of the Croatian strategic interest,” stressed DSc. Dragan Kovačević, Chairman of the Board.
“On this occasion of marking the 40th anniversary of its company and successful management of the crude oil transport system, I would like to congratulate JANAF, its managers and employees, the entire staff on the realized business performance, as well as on the Investment Projects, both planned and completed ones. The company’s revenues and profit in comparison to the last year are the indicators of prosperous trend and continuance with good business performance. Approximately two months ago the renewed and modernized JANAF Žitnjak Terminal has been commissioned and started with its operation, thus becoming one of the most modern terminals for petroleum products in this part of Europe.
The company has invested in the capital project, modernizes its business operation, raises environmental standards and constantly improves cost-effectiveness and efficiency of the system of both transport and storage. At the same time, it is a promoter of other branches of industry as well, since the energy sector is already one of important investors in Croatia. By investing into capital projects, JANAF also motivates other domestic companies to take part in reconstruction and upgrade.
You are positioning yourselves in your business operation as significant energy and economic company both in Croatia and in the region. You contribute to stable business operation and together in synergy with others you create a picture of Croatia as desirable and attractive to potential investors. Geostrategies change, but good projects win in all variants, thus making the company’s significance even greater,“ said Mladen Pejnović, Head of Croatian State Administrative Office for State Property Management.
“It is my great honour to be here today and attend this ceremony of marking the 40th anniversary of the company Jadranski naftovod. It is the company that realizes a continuous growth of excellent business results owing to which it can finance by its own funds new projects, like the one related to the recent commissioning of renewed and modernized Žitnjak Terminal, thus marking the completion of the Reconstruction and Upgrade Project. One thing needs to be always kept in mind that JANAF represents one of the most important Croatian companies of strategic national interest and at the same time not being a beneficiary of the state budget nor any government subsidies or grants. I hope that this increase of gross profit obtained in the first half of the year will be an excellent example for other companies to follow,” emphasized Anka Mrak Taritaš, Minister of the Croatian Ministry of Construction and Physical Planning.
The attendees were also addressed by Stjepan Mesić, former Croatian President, who congratulated JANAF its anniversary and highlighted JANAF’s importance for the Croatian economy.
The presentation on JANAF’s growth and development through 40 years of its existence and on its business perspectives in the future was held by Gordana Sekulić, Manager of JANAF’s Development & Planning Dpt.
JANAF as company was entered in the register of the competent court in Rijeka on 29 August 1974. The JANAF system was designed and built in the period from 1974 to 1979 as a modern, reliable, safe and cost-efficient crude oil transportation system for both local and foreign users. Along with crude oil transport, other JANAF’s major activities include also storage of crude oil and oil products, as well as reloadings of liquid cargoes. The company conducts its activities on six locations, as follows: Zagreb Headquarters, Omišalj Terminal, Sisak Terminal, Virje Terminal, Slavonski Brod Terminal and Žitnjak Terminal. The entire pipeline length is 622 km and it runs through the territories of ten Croatian counties. In total, JANAF has 1,54 million m3 capacities for crude oil storage and 202.000 m3 for oil products storage. Since 1979 until today its throughput has amounted to 198,8 mil. tons of crude oil transported, while at the Omišalj Terminal 2.680 crude oil tankers have been accommodated and reloaded with no accident at all.