FIPA Activities

Representatives of FIPA visited the production plant KRAUTZ-TEMAX group in Orašje

7/3/2018

Within the Aftercare Programme 2018, representatives of FIPA visited the production facilities of the Krautz-Temax Group in Orašje, where different types of protective films and extruded polystyrene foam are produced from 2015 at over 8,500 square meters.

It was talked about the obstacles that foreign investors face within the realisation of their investments projects in Bosnia and Herzegovina, but also about the benefits of such investments for the local community.

The Group currently employs over 60 people in Orašje, and the expansion of production capacities is planned. They will soon start constructing a new production facility at over 20,000 square meters of the purchased land. By realization of this investment, the production facilities in Orašje will be tripled, and a large number of new jobs will be created.

The complete production in Orašje was exclusively intended for customers in the European, Asian and American markets. By launching the company Blue Trade d.o.o., the complete product range will be available to customers at the regional market.

In addition, Nita Trans d.o.o, a subsidiary company in charge of logistics and transport, also operates within the Group.

Through new investments, they will soon start the production of extruded polystyrene, which will be a significant novelty for the market of this material in BiH, as this material has been fully imported so far. In addition, by the beginning of next year, they plan to launch a natural spring water bottling.

This company is an example of a successful foreign investment. The planned expansion of production will contribute to the creation of new jobs, the development of the local community, and the prevention of the leaving of young and qualified people from BiH. The young people in this way get the opportunity to work for a renowned foreign company, in the most modern production capacities.

Considering the long-term nature and the level of investment, FIPA and KRAUTZ-TEMAX Group are planning to expand their mutual cooperation in the future, and continue to work on the promotion of foreign investments in BiH.

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„Now is the time to invest in BiH, which is stable and peaceful country“.
Valentin Inzko, High Representative.
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