The Bosnian unit of German automotive equipment manufacturer Mann+Hummel plans to post a 30% rise in total turnover this year to EUR 31mn, the companys director Smail Ramovic was quoted as saying by news service eKapija. Over 95% of the plants production is exported to Europe, the US and China. Mann+Hummel invested EUR 12mn in its Bosnian arm in 2006-2012 and plans to invest another EUR 10mn by 2018. The Bosnian plant employs some 470 people, out of which 380 are full-time employees. Mann+Hummel has been present in Bosnia since 2005 when it took over Bosnian fuel filter producer Unico Filter, based in the north-eastern town of Tesanj. |
The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more
Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more
Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more