The company FEN-BH was established in 1997 in Puračić, near Lukavac. They produce latoflex beds and furniture for sleeping, especially for box spring beds. The entire production is exported around the world, and currently they have 180 employees.

During the floods in May 2014, the company suffered extensive damage, due to which they were forced to stop production. The number of workers from 320 was reduced to 180, and the production interruption lasted until September 2014.

Thanks to the efforts of Mr. Joswig and the help of the FBiH Development Bank, the company FEN-BH continued production in September 2014. They re-established cooperation with customers from the EU with whom they worked before the flood, and in the meantime they managed to find new buyers at the market of the Netherlands and Germany.

FEN-BH continues with an increase of production, number of employees and an increase in exports. Until the end of the year they expect an increase production by 30% compared to 2015.

FEN-BH is also a socially responsible company that contribute to the development of the local community through its activities.

The Director Milinić stressed that FIPA has good cooperation with the Embassy and the Chamber of Commerce of Germany in BiH, that the Agency prepares business guide for the German businessmen which will be distributed through the chambers of commerce in Germany and the Embassy and Consulates of BiH in Germany to the target groups of investors.

He invited Mr. Joswig to inform his associates from EU on the possibilities of BiH for investing and to direct potentially interested German businessmen toward FIPA.

The Agency will continue to cooperate with the said company.