Business News

German giant in the metal industry, Ringspann announced investments in BiH

Business News

04/26/2019

Ringspann is one of the leading manufacturers of drive components in Europe. Many well-known companies in mechanical and power engineering, materials handling, power generation and the aerospace industry are successfully collaborating with Ringspan. 

Among them are Rolls-Royce, BMW, Siemens, Tetra Pak ...

German company announced investments in the business zone of Pilana in the Municipality of Bosanska Krupa.

A few months ago, this company started production, mainly parts for electric bikes whose  the biggest buyer is Bosch, and now, when it bought the land, it started building its own facilities.

The company is engaged in processing of parts of CNC machines. Currently, they have 22 employees.

In the next two years, Ringspann plans to invest nearly two million EUR in the construction of production facilities in Bosanska Krupa.