Optima Group
One Dead After Explosion in Bosnian Oil Refinery
One worker died and six others were taken to hospital for treatment after an explosion on Tuesday in the oil refinery in the town of Brod, in the north of Bosnia's mainly Serb entity, Republika Srpska. The explosion occurred in the petroleum processing facility at around 9:30pm local time and the cause is still unknown.
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Explosion Shakes Bosnian Refinery
The explosion occurred around 9:30 pm local time at the Russian-owned refinery in the northern Bosnian town of Brod, the local authorities announced on Tuesday night.
According to Brod's mayor Ilija Jovicic, several workers were injured in the event but are not in danger. The explosion was followed by a huge fire that firefighters are trying to contain.
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Ailing Bosnian Oil Firm Flogs Assets to Raise Cash
Optima Group, the leading oil company in Bosnia's Serb-dominated entity of Republika Srpska, has started selling its assets in an apparent attempt to deal with growing indebtedness, raising fears that the Russian investor is preparing to bail out.
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