FIPA Activities

Visit to Municipality of Bileća and Aftercare visit to the company Henkel Adhezivi BH d.o.o., Bileća

7/9/2018

Representatives of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) visited the Municipality of Bileća on 3 July 2018 where they met with the Deputy Mayor Milorad Radović.

Speaking on the investment potentials of the Municipality of Bileća, the Deputy Mayor pointed out that in the past period they had several successful privatizations, among which are the facilities of the former Kovnica, bought by Unis Tok from Kalesija (which operates with the Swedish company SKF), as well as the purchase of a part of the former factory Bilećanka - Textile Kombinat ad Bileća, so that another part of the production complex remained available to potential investors.

It was also stated that the tourist offer of the Municipality of Bileća was significantly increased by the construction of a hotel on the Bileća Lake, as the first phase of the project of a tourist complex that envisages the construction of bungalows and other accompanying tourist facilities.

After the meeting in the municipality, FIPA representatives also visited a foreign investment company - Henkel Adhezivi BH Ltd, and had a meeting with Savo Rikalo - the company's Director and Mirko Đunić – former Director.

The German company "Henkel" has been present in BiH for many years, and in 2015, a new factory "Henkel Adhezivi BH" opened at 6,000 square meters in Bileća. The site has been selected, among other things, due to the proximity of the raw material for the production of powdered adhesives produced by this company.

"Henkel Adhezivi BH" delivers its cement products for tile adhesives and thermal insulation to both domestic and neighboring markets, such as Croatia, Montenegro and Albania.

The factory currently employs 25 workers, and new employment is planned with the expansion of business activities.

The meeting discussed the business environment and current business conditions in the construction sector, including future plans.

Testimonials & Success Stories
During his official visit to Sarajevo, Mlađan Dinkić, Vice-president of the Government of Republic of Serbia, which already invested € 832 million in our country, emphasized huge potentials and investment opportunities of Bosnia and Herzegovina, concluding in an interview:
„It is worthwhile to invest in Bosnia and Herzegovina“
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