Top Business News from BiH for this Week

May 13, 2018 1:00 PM

Company Vokel to invest two million BAM

Company Vokel Ltd. from Posusje is planning to invest about 2 million BAM this year in the construction of a new modern sales space in the area of the Municipality of Livno.

Company Igman opened 86 new Workplaces

The company Igman from Konjic, which is the largest company in the field of military industry in BiH, achieved operating income of 109,5 million BAM last year, which is almost the same amount as the year before. Igman had a net profit of 14.8 million BAM. The number of their employees was increased from 1.063 to 1.149 workplaces.

Swiss Factory opened in Zvornik

The “Zeochem” factory for processing zeolite and chromatographic gels was officially opened in Zvornik, and more than 9 million CHF was invested in its construction.

New Mine opened in Olovo

The lead mine of the British group MINECO was officially opened in Olovo. This is the first metal mine in BiH in the last 30 years, and the only one with underground exploitation. The best world practices and technologies will be applied in this mine.

ASA Finance to take over Bamcard

The company ASA Finance Sarajevo purchased a fifth of the ownership in Bamcard, and thus increased its share to 40 % in this company that is dealing with cards. They announced a total take-over of the Bamcard company as well.

Company Skafa reopened after great Fire

The newly renovated building of Skafa company, which was seriously damaged in a great fire that took place in the year of 2016, was opened in the village of Rakovica near Sarajevo. The company has ambitious plans for further development after the opening of this facility.

Famous Brand LC Waikiki wants to produce in BiH

The world-famous Turkish brand “LC Waikiki” is interested in opening a production plant in Trebinje, as confirmed by Mayor of Trebinje, Luka Petrovic. He noted that they sent a letter of intent and that they are discussing the conditions and requirements of a potential investor.

BH Company HIFA Oil is opening the first Gas Station abroad

The company HIFA Oil will open its first gas station outside of BiH at the beginning of this summer season. Their new gas station will be constructed in Montenegro and it will represent the crown of 20.5 million BAM worth investment cycle.












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