Jadranski Naftovod D.D. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

Janaf dd is a Croatia-based company engaged in the managing of the oil pipeline system. It specializes in the oil and oil products transportation and storage. The Company’s international crude oil transportation system leads from the Port and Terminal of Omisalj, the Island of Krk to both local and foreign refineries in Eastern and Central Europe. It also operates domestic crude oil handling terminals in Sisak, Virje, Zitnjak and Slavonski Brod, Bosnia and Herzegovina, with storage tank farms and the accompanying pumping and metering stations, as well as a submarine oil pipeline between Omisalj and Urinj, linking the Omisalj Terminal with an oil refinery in Rijeka. Janaf dd is also engaged in reloading and storage of crude oil and oil products. The Company operates two wholly owned subsidiaries, Janaf - upravljanje projektima d.o.o. and Janaf - Terminal Brod, based in Bosnia and Herzegovina which provide engineering and technical advisory services.