FIPA Activities

FIPA VISIT TO IONIX SYSTEMS PRODUCTION FACILITY IN MAGLAJ AND TO THE STOCK COMPANY PPM IN TUZLA

11/5/2012

Within its aftercare program of visiting existing investors, the FIPA representatives in October 2012 visited the company Ionix Systems BH d.o.o. placed in Maglaj.
 

Ionix Systems is a British specialist designer and manufacturer of wiring harness and woven systems, providing interconnection solutions for aerospace, defence, power generation and other high-performance engineering sectors.

The head office and manufacturing facility of Ionix Systems is based in Lancashire and they also have manufacturing facilities based in Croatia and Estonia.

Since September 2012, this British manufacturer enters the B&H's market and opened a production facility in Maglaj creating a job for more than 90 employees.

According to the Executive director Mr. Stephen Allan, the main reason for investing in B&H is its favourable location and cost competitive production environment. During the company‘s establishment they benefited from cooperativeness and readiness of the  Municipality of Maglaj to support them in implementing their business ideas.

Ionix Sytems consider the business environment in Bosnia and Herzegovina as the satisfactory one, and they are already planning to take an additional space to support their future growth plans and increasing of local employees.

The representatives of FIPA B&H also visited the Stock company „Prerada i promet mlijeka (PPM)“ Tuzla, where they met with the Mrs. Zora Manjić, Head of Legal Department.

Stock company “Prerada i promet mlijeka” dd Tuzla is industrial milk processing company which was established in 1959. At the beginning of 2004 “PPM” Tuzla got a strategic partner (96,03 ownership), the Stock Slovenian company “Ljubljanske Mlekarne” which with their knowledge and staff made a faster development of “PPM” Tuzla.

The company „Ljubljanske Mlekarne“ was founded in 1956., and today processes around 200 million litres per year, which is about 50% of all collected milk in Slovenia.

The main reason for investing in BiH was cheap and skilled labour force, expansion of its production as well as the nearness of bh market.

“Prerada i promet mlijeka”dd Tuzla has production capacities of 100.000 litres of milk per day, has 105 employees and the company has established itself as a strong leader in its native Tuzla region supporting neighbouring farmers.

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