As previously announced, new contracts were signed at the Mostar fair that will enable a new era of development for the largest exporter in Bosnia and Herzegovina (BiH).
M.T. Abraham Group, the owner of Aluminij Industrija, signed four strategic contracts on Friday that will encourage further business development.
Together with Duferco, M.T. Abraham Group will invest in a factory that will produce the final product for the automotive industry.
The second contract in cooperation with Duferco is the investment in a new line for the production of aluminum wire.
Both Glencore and M.T. Abraham Group are committed to following the European Union (EU) standards and regulations to reduce its carbon footprint. The agreements on renewable energy and aluminum recycling between the two companies further develop a common vision and commitment to that goal.
To recall, Aluminij Industrija has been reborn in the last two years, and it has become the largest domestic exporter and achieved revenues of over one billion BAM in 2022.
The Chamber of Commerce of the State of Israel in BiH signedan agreement on cooperation with the Chamber of Commerce of the Federation of BiH (FBiH). The two chambers will join forces and cooperate closely to attract new investments in BiH and help domestic companies in creating new business opportunities, Biznis Info reports.