Bosnia-Herzegovina – Industrial Grinding Disks
Glasstex Bosnia d.o.o

Projectdescription

The expansion of the production of grinding disks from Switzerland to Bosnia-Herzegovina shall create a win-win situation with R&D and the production of specialities in Switzerland and the production of larger volumes in Bosnia-Herzegovina. 

The international set up, combining locations in Switzerland and Bosnia will help the company, in an environment of fierce competition, to retain and regain customers thanks to its comprehensive offering which combines niche products and larger volumes.

The region of Novi Travnik where the new production will be based is located outside the urban centers and the new company will create much needed jobs for the local economy.

The Swiss investor received a loan from the SSF for construction, equipment and provide working capital.

 

Development Impact

Creation of 25 jobs for people without specific prior qualification

Comprehensive training and transfer of knowhow