Austrians to realize Million BAM worth Investment in BiH?

August 18, 2018 8:00 AM

A meeting on the topic of starting the production of pellet was held in the premises of the Municipality of Novi Grad, and it was attended by Mayor Miroslav Drljaca and his associates, a representative of the local company “Depal” Abdulah Delic, and a representative of the company “LeNox Consulting” from Austria, Peter Ringerberger.

This topic was discussed at a meeting that took place in May, when representatives of both companies introduced the management of this municipality with their desire to cooperate and expand the production capacities of the company “Depal”, which is dealing with the production of pellet.

The initial idea of the investor was to purchase finished products from the company “Depal”. However, they found new business opportunities during their meetings and stay in Novi Grad, and thus an agreement was reached as a result of joint goals of the local company and investor in the form of registration of the new company “Derma fire sticks” Novi Grad, in which will be invested a total of 500,000 EUR, and which will be dealing with the production of pellet.

The company will employ 10 workers at the beginning, and they should start with the work in November.

(Source: biznisinfo.ba)

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