On Thursday, 12th December 2013, the representatives of the FIPA Agency had a meeting with representatives of the company MDG International based in Vogosca.
MDG International is an investment with foreign share in which it was invested 45 % of the Dutch capital and 55 % of domestic one.
This successful Greenfield investment in the automotive sector was launched 2012 in Bosnia and Herzegovina and has recorded for now successful results. Engaged in the production of shock absorbers for railways, airplanes, cars and similar, and it is 100% export oriented.
In addition to the Netherlands, they export to the Czech Republic, Germany and Belgium.
They currently employ 29 workers, and plan in the following period to employ new person and expand the production.
As reasons for investing in BiH, they mentioned a favourable tax system, educated and cost- competitive workforce. Satisfied with their business in Bosnia and Herzegovina, they said that there are a lot of investors interested in investing in BiH.
Complaints they have when it comes to business, are related to customs and long waiting at the border with loaded goods.