Business News

Bimal company BiH

Business News

10/20/2015

Factory for the production of edible oil Bimal d.d. Brčko took part in Tuesday's trilateral business forum Bosnia and Herzegovina - Serbia - Turkey, at which one of the main topics was the agri-food sector of these three economies. 

Brčko based BIMAL, which for several years records a strong increase in exports of their products to Turkey, in cooperation with Turkey sees an opportunity to strengthen the economy of Bosnia and Herzegovina, primarily through attracting investments in agricultural production and expanding production capacity.

“Agriculture in Bosnia and Herzegovina has the potential that needs to be developed and Turkish investors today had an opportunity to recognize the potential of investment in the agricultural sector and in the food industry. BIMAL is open to all kinds of cooperation aimed at raising agriculture, in cooperation with Turkey, but also other investors, to a higher level,” said Ševal Suljkanović, Assistant to BIMAL Management for Economic Affairs.

Suljkanović further points out that the development of agriculture directly affects the development of the food industry of Bosnia and Herzegovina.

Trilateral meetings, such as this one, provide a starting point for expanding the scope of cooperation in terms of future investment in BiH and exports to the Turkish market.

 BIMAL operates within the STUDEN Holding and together with other production and distribution companies makes one of the largest agro-industrial complex in Bosnia and Herzegovina.

STUDEN Holding in June this year opened its own distribution in Turkey, where it achieves easier access to the market and the local customer base, and quickly responds to the needs of this market, whether these needs are fulfilled with the products from members of STUDEN Holding or other companies that want to do business with Turkey.