FIPA Activities

Aftercare meeting at Veritas Automotive Ltd

4/29/2024

Representatives of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) together with the Ministry of Economy of the Sarajevo Canton and the Municipality of Vogošća, as well as with partners from the World Bank, visited the company Veritas automotive Ltd Sarajevo.

Veritas Automotive was founded in 2011 and operates very successfully in the sector of the production of other parts and accessories for motor vehicles, placing its products for the most important companies from the automotive industry sector.

The company employs 380 workers and plans to expand further.

During the meeting, it was also discussed the future plans of the company, the current business environment and how to improve the current situation in the production sector, the use of green energy, and the steps that the representatives of the institutions will take after the meeting.

The Aftercare program is implemented with the technical support of the International Finance Corporation (IFC) from the World Bank Group.

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„The banking sector of Bosnia and Herzegovina is completely developed and offers the full range of banking services. In conjunction with the Central Bank of BiH, this creates a sound base for the financial stability of the country.”
Kemal Kozarić, Governor of the Central Bank of BiH

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