The owner of the company Trigon Textile Gokhan Sargan, accompanied by his associates, talked with the Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić about possibilities for investing in the textile sector of Bosnia and Herzegovina, conditions for investing, and availability of labour force in the mentioned industry.
Trigon
Textile owns textile factories in Istanbul, Milan and Hamburg. Considering that
they want to expand production, Bosnia and Herzegovina has been taken into
consideration, among other things, for the fact that the owner has origin from
BiH. They are in the phase of market research in terms of availability of
production facilities and locations for investing, workforce, steps for
establishing a company, operating costs, etc.
The plan
is to hire 100 workers within six months of starting production, 300 within the
year with a tendency of growth to several thousand employees in the next few
years.
Mr Milinić
informed the investor that Bosnia and Herzegovina has a long tradition in the
textile, clothing and footwear industry, as well as an experienced and skilled
workforce, pointing out that this sector has attracted Italian, German and
Austrian investors who are running business very successful in BiH.
The
proximity of the market of the Western and the Eastern Europe is one of the most
important advantages when it comes to investments in the textile industry, and
a cheaper labour force compared to other countries in the region.