JOINT SERBIAN AND CZECH INVESTMENT IN PRODUCTION OF ESSENTIAL OILS
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The Director of the Foreign Investment
Promotion Agency of BiH (FIPA) Gordan Milinić talked with representatives of
the company ETERIKA from Serbia on their plans to launch a production of
organic essential oils, aroma, colours and food products in Bosnia and
Herzegovina, as well as plantations of medicinal plants together with Czech
companies Aroma Praha and Araco. The production
would start in the Municipality of Ribnik where, according to their estimation,
conditions for organic production are very good and it would be spread to other
areas in BiH.
They especially want to establish cooperation with
farms that have adequate land. The initial investment would be around 100,000
EUR, with a permanent staff of dozens of workers and the large number of
seasonal workers. The production expansion
would also increase investments.
FIPA will actively participate in this
investment and support investors in all phases of business, especially in terms
of finding appropriate sites and partners for this production.