By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Factory worth 4.5 million EUR in Srebrenica nearing Completion
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Factory worth 4.5 million EUR in Srebrenica nearing Completion
BUSINESS

Factory worth 4.5 million EUR in Srebrenica nearing Completion

Published: March 22, 2016
Share
SHARE

12887327_1133791723338449_412579167_oConstruction of a plant covering 4.300 square meters in Vidikovac, the suburb of Srebrenica, is nearing completion. Operating in two shifts, this plant will have the annual production of 7.5 tons of French fries.

Investors of this factory, which is to employ 50 workers, are the company “Global Trade Gida Sanay” from Turkey, “Total Trade Internacional” from Serbia, and the private businessman Mirza Šahman from BiH. Owners of the majority of the capital are businessmen from Azerbaijan.

“Total investment amounts to 4.5 million EUR. We are currently short by ten percent of funds which are to be provided these days through a bank loan. The factory is established on a Japanese technology of frozen French fries and 70 percent of the production will be placed to the world market,” explained the technical director of this factory, Osman Agić.

It will take 15.000 tons of potatoes annually for the intended production of French fries in two shifts. In order to provide these amounts of potatoes, it is necessary to sow 500 hectares of land. The potato is being grown in BiH at a total surface area of 41 hectares with an annual yield of 387.000 tons. Therefore, apart from 50 employees, this company will also engage almost 60.000 subcontractors.

After the installation of Chinese equipment, it is currently being worked on the exterior of the factory and the construction of the ancillary facilities. With the aim of stimulating the cooperatives, companies and individuals to produce potato of satisfying quality, “Srebreničanka” undertook serious steps towards ensuring adequate planting materials, consequently providing sufficient amounts of potato for the French fries. A Center for Potato on Sokolac has been established, as well as cooperation with the Agricultural Institute from Banja Luka.

(Source: akta.ba)

Ambassador Moon talked with the Mayor of Goražde
Municipality Prozor-Rama Is Awarding Funds of 400.000 KM of Grant Funds to Boost Employment
“Nikola Tesla” Company Looking for 3.000 Employees
Possible Flight Cancellations from Banja Luka Airport
Bosnalijek Will Enter New Phase of Strengthening Its Position in Russian Market
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Where are People of BiH spending Winter Vacations?
Next Article New: Electronic Cards Payment in Commercial Busses
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Protest by Healthcare Workers in front of the Cantonal Government Building
November 5, 2026
Pensions for October to be paid Today
November 5, 2026
Kos: BiH Is Drifting Further Away from the European Path
November 5, 2026
Japanese Film Festival to bring Japanese Cinema to Five Cities across BiH
November 4, 2026
Federal Police Administration conducts Searches of the Residential Properties
November 4, 2026
Federal Ministry holds Meeting on State Property in Vares
November 4, 2026
Becirovic congratulates Algerian President, calls for stronger Cooperation between Two Countries
November 4, 2026
Nikšić: Those Seeking Our Support for the New FBiH Government Must Apologize to Us
November 4, 2026
SIPA arrests Four Persons, finds a fake EUROPOL ID Card
November 4, 2026
What Lies Behind Dodik’s Message to Bosniaks on a “Definitive Conversation with Croats and Serbs?”
November 4, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?