In the presence of business partners, government, political and diplomatic representatives the Juwal production plant in Mostar was officially opened on 2nd October 2012.
The production plant is part of the Swiss company JUWAL Group which produces custom-made aluminium facades, windows and doors.
Juwal Ltd. already employs fifteen persons and will employ thirty more. Since July 2012 the company has been exporting to the Swiss and German markets.
As the owner of the Juwal group, Ralph P. Junker said, the idea to establish a company in Mostar was born in November last year. Eight months later the idea is been implemented.
“One of the reasons for choosing Mostar was also the disposability of profiled metal workers”, said Junker.
Seed money for conducting a production in Mostar was provided by the Start-up Fund of the State Secretariat for Economic Affairs with the aim to create business opportunities in countries like Bosnia and Herzegovina.
The Mayor of Mostar Ljubo Beslic emphasized that this is a big step for Mostar and it gives him the pleasure to be the city mayor in moments like this.
The Swiss Ambassador in B&H Andre Schaller thanked the representatives of government and administration in Bosnia and Herzegovina for their support, wishing that this support continues in the future by simplifying administrative matters and cutting unnecessary red tape.
“Companies like Juwal are like lighthouses to other potential investors. With their lights on, they show that the investment climate is good and international standards for business ethics are respected”, said Schaller.
The first contact of FIPA with the Swiss investor Ralph Junker and his local partners was made at the beginning of 2012. Several meetings were held where the mentioned investor presented his plan to establish in Mostar a company for production of windows, door and facade of aluminium.
