MCK Dubai takes over Bosnian operations of Turkish oil company Turkoil.

By bne IntelliNews December 21, 2011
The company MCK Dubai has taken over the Sarajevo-based subsidiary of Turkish oil company Turkoil, Poslovne novosti daily reported. MCK Dubai is acquiring Turkoils entire business in Bosnia. The deal marks MCK Dubai's entry to Bosnia's oil market. The company has previously bought Bosnian companies in Sarajevo and Zenica. Turkoil has two contracts with Oil Terminals of Federation BiH (NTF) about leasing storage facilities with a capacity of about 41,000 cubic meters of oil.

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