FIPA-Municipality of Kozarska Dubica: Providing support to investors is crucial for their coming and expansion

On 27 September 2017, representatives of FIPA visited the Municipality of Kozarska Dubica in order to discuss with the relevant representatives led by the Mayor Radenko Reljić about support that the two institutions provide to foreign investors with the aim to attract new investors and to help expanding of existing ones. 

The Municipality of Kozarska Dubica provides free administrative services to foreign investors, and assigns an employee to each of new investors, who monitors investor through all investment phases in order to realize faster his investment. This form of work with foreign investors is essential if the objective is to attract new investors, and to encourage existing ones to expand their business.

The Municipality possesses opportunities for investing in the food industry, wood processing and textile industry.

The most important investors in this area are coming from Italy, employing 330 workers, the UK employing 50 workers, and Germany.

Some of the most important companies are: Mlijekoprodukt, the biggest dairies and the centre of the dairy industry in BiH, Dubicotton, the largest cotton processing factory in the south-eastern part of Europe, then the headquarters of Zepter BiH, and Nova Mehanika, the largest factory of agricultural machines in BiH, Dempson Bosna Doo which is engaged in the production of paper packaging and which represents the first foreign direct investment in Kozarska Dubica, etc.

The meeting was also attended by investors from Hungary with whom FIPA has established contacts and who are interested in investing in this part of Bosnia and Herzegovina.