FIPA Activities

Representatives of FIPA visited enterprises Meggle Ltd. Bihac

4/12/2013

As part of the implementation of planned activities under the Agreement on Cooperation in the areas of regulatory reform, investment policy and agricultural trade logistics, signed between the International Finance Corporation (IFC) and the Council of Ministers of BIH, on 8th April 2013, the representatives of FIPA Drago Vucic and Sandra Markovic with Samra Cehajic from the Development Agency of the Una-Sana Canton, visited the renowned company in the agriculture and food industry, at 100% foreign owned by "Meggle Ltd." Bihac and met with the Director Mr Kemal Hrnjic.
  

The Meggle company is one of the brightest examples of acquisitions of existing production capacities, which has made in 2002 and in which it was invested over 11 million EUR.

Meggle has 158 employees and over a thousand subcontractors.

Each year, the company in the form of interest-free loans, invests about 2 million EUR (for the purchase of heifers, etc.) in order to expand the raw material base.

Besides BIH, the products of Meggle are exported at the Croatian market, Kosovo and Macedonia.

The owner and top management of the company are satisfied with realization of the planed objectives in BIH, mainly due to quality market research and good planning (before investing), the selection of quality management (especially the middle level) and unquestionable continued support by the German parent company and its owner Mr Meggle.

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„I must say I am extremely impressed with the quality, efficiency and speed
of FIPA’s service. It is a shining example to other government departments in the region.”

Claudio Cassuto, Director, London, European Finance Convention Foundation

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