FIPA visited Voith Hydro Bosnia doo

As part of the activities of the Collaborative Network and the Post-Investment Support Programme for Foreign Companies in Bosnia and Herzegovina, representatives of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) visited the company Voith Hydro Bosnia doo Lukavac. 

It was founded in 2020, and after the completion of the construction of the hall, which was completed in 2022, they started the production of components for hydropower plants. The value of the investment is 10 million EUR, and the plan is to employ 150 people.

During the meeting, they also discussed the challenges the company faced when establishing the company and putting the production facilities into operation. FIPA will try to remove the mentioned obstacles through proposals to improve the business environment in BiH.

The parent company Voith in Germany (VH Auslandsbeteiligungen GmbH) was founded in 1867, the company today has around 20,000 employees, sales of 4.3 billion EUR and operates in over 60 countries around the world, and ranks among the largest family companies in Europe.