Business News

BELGIAN GROUP MECASPRING WILL REINVEST 3 MILLION BAM

Business News

09/08/2016

The construction of new manufacturing plant of the company B-Spring will start these days in the business zone of Begovača in Livno. B-Pring is established by the group Mecaspring from Belgium, leading manufacturer of springs in the Benelux countries.

In this way, it is realized the planned expansion of the production capacities announced by the Director Frano Brajko to the FIPA representatives during their visit in the framework of the Aftercare Programme.

On this occasion, the Director Brajko said that, due to the help of FIPA (timely information on the competition for subsidies of the Employment Service of FBiH on the basis of which he hired three workers) as well as the previously determined reasons (cheap labour, tax incentives and favourable geographical position), the owner of the company decided to invest in a new production facility of 2000 m2 and to employ new 20 workers.

The value of the building is around three million BAM and it is planned to install the machinery with the latest technology.

The Director Brajko also said that he will testify to all potential Belgian investors and others about the positive business experience of the company B-Spring in Bosnia and Herzegovina.