Within the Aftercare Program for 2016, representatives of FIPA, the Municipality of Doboj and USAID-Sida GOLD Project visited the company Bioil Ltd. Doboj, representing a Turkish investment (Group IIIa), and met with Mr Ismet Ozturkmen, representative of foreign investor.
Bioil Company Ltd. was founded in late 2015 and
facilities for the production (manufacturing plants and machines) are being installed.
The main activity of the company is the
production of unrefined oil and the investment worth 10 million BAM. The plan
is to employ 60 workers by the end of April 2016, when the start of production
is expecting. The company will completely export its products to Turkey and
Eastern Europe.
They plan also to transfer their production
plants from Macedonia to BiH.