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.