FIPA Activities

Representatives of Foreign Investment Promotion Agency of B&H visited company Kreis BH doo Ilidža

6/19/2014


On Thursday, 17th June 2014, the representatives of the FIPA Agency had a meeting with representatives of the company Kreis BH doo Ilidža. The visit was carried out within the Aftercare Program for 2014 for post-investment support to foreign investors in BIH.

On this occasion, with the general manager Mr. Dževad Šipka, it was discussed about the experience of doing business in Bosnia and Herzegovina, obstacles and problems faced by the company in BIH and their future plans.

Company KREIS INDUSTRIEHANDEL AG Basel from Switzerland has invested into two companies in Bosnia and Herzegovina, KREIS BH Ilidža and Vitaminka Banja Luka.

KREIS BH, Exclusive Distributor of several famous brands such as Vitaminka, Žito (Šumi, Grande, Krex, Hokus; 1001 cvet, Maestro, Zlato polje, Evo), Franca, Aqua Gala etc., currently has 60 employees. Kreis's ambitions are focused on opening a new business building, and total amount of that new investments will be about 2,8 mill KM.

Vitaminka Banja Luka currently has 220 employees and main occupation is fruit and vegetable processing. This company is a positive example to the other foreign investors ready to invest their money in B&H. Vitaminka exports their product to the Region, EU countries and USA and Australia.
Satisfied with their business in Bosnia and Herzegovina, Mr. Šipka said that there are a lot of investors interested in investing in BiH.
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