2019 Forbes list Richest People in Bosnia and Herzegovina

2. Izudin Ahmetlic (Hifa Group) 681, 3 milion BAM

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Izudin Ahmetlic, the owner of HIFA Group, whose primary business is trading with oil and oil derivatives, is one of BH billionaires as well.

Ahmetlic, like numerous other businessmen, started diversifying his business, and he invested in agricultural production through ownership over the agricultural cooperative “Poljoprom” from Sanski Most. At the beginning of the year, HIFA OIL purchased LB.Profile GmbH, which is the German company with the longest tradition of producing profiles for doors and windows. Forbes estimated the total revenue of his companies at 681.3 million BAM on an annual basis.

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