The company Global Sourcing from Germany, which has successfully privatized ten years ago Tvornica mašina (Machines Factory) in Travnik, established a new company named Print-GS. The pressroom of Print-GS employs 38 workers and produces various types of printed materials such as catalogues, cardboard packaging, posters, binders, books, etc.

The Print-GS company is majority owned by the German company "Global sourcing - Agentur fur Technische Erzeugnisse" GmbH from Regensburg. They invested so far 10 million BAM in repairs and construction of new production facilities and the purchase of equipment. The whole factory employ 250 workers and the majority of production is exported to Germany.

The Director of the company Print-GS Mr Zoran Gazibarić, production manager Mr Željko Milovanović and Mr Asim Hidić from the commercial sector informed representatives of the Network for Cooperation for post-investment support to investors in BiH about their plans for the production expansion as well as difficulties they face.

The company needs land to build a new factory of 3 000m² and at the meeting it was agreed a coordination of activities of the Municipality of Travnik, Srednja Bosna Canton and FIPA in order to reach the most appropriate solution that would enable the company to realize new investments and production.

They expressed dissatisfaction with the new Book of Rules amending the Law on Income Tax which has reduced the non-taxable percentage for meal at 1% of the average wage in FBiH, as well as with the new Law on Corporate Income Tax, which will have major repercussions on both the standard of employees and the future development plans of the company.

Printing industries in BiH have been achieving every year better results, but due to the products with higher added value, representatives of the company Print GS estimate that this industry needs more important support from all levels of government and of the harmonisation of education system in order that young educated people can follow technological and design trends.