Investors from Turkey took over the sawmill and are investing 1.5 million EUR

After taking over the production facilities of the sawmill at the location of Modrana in Ustikolina after the bankruptcy proceedings, investors from Turkey, REIS-BAU, announced the start of production in October of this year at the latest. 

Ten workers are planned to be hired, and that number should be doubled with the start of production, while about 1.5 million EUR are planned for the reconstruction and investment in the production facilities.

The company already has its plants in Montenegro, and in Bosnia and Herzegovina they are also planning investments in solar energy.