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: Investment from Azerbaijan will revive Srebrenica!
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 > Investment from Azerbaijan will revive Srebrenica!
BUSINESS

Investment from Azerbaijan will revive Srebrenica!

Published June 28, 2016
Share
SHARE

13530567_1217911291593158_551293018_nApart from production plants, the Azerbaijani investors intend to invest in infrastructure projects in BiH too, thus opening a new page in the cooperation of the two countries.

The factory for potato processing was opened in Srebrenica. That will be the largest factory of its kind in the eastern part of Europe. At the same time, this factory is one of the most significant Azerbaijani investments in BiH.

“First of all, I must point out that this investment was implemented upon the initiative of Bakir Izetbegović, who suggested that we start working in Srebrenica, to find a suitable investment that will ensure workplaces there. For now, the factory will employ 30 people but in the near future that number will be tripled. If you count the subcontractors who will cooperate with the factory, we might say that thanks to this investment between 500 and 600 people will have a job. The investment is worth over 10 million BAM,” said the Ambassador of Azerbaijan to BiH Eldar Humbar Oglu Hasanov.

Ambassador Hasanov highlighted that according to the volume of operations this will be the largest factory in the Eastern Europe. This factory will process over 15.000 tons of potatoes annually and their products will be placed not only on the market of BiH and the neighboring countries of Serbia and Croatia, but also on the markets of the region, Hasanov added. Opening of the factory in Srebrenica was one of the topics of the meeting that the Chairman of the BiH Presidency Bakir Izetbegović held with the Ambassador Hasanov two days ago. Apart from that, they discussed political, cultural and other forms of cooperation. However, economic topics dominated the meeting, and one of them is the Azerbaijani investment in the factory Bosanka in Ševarlije near Doboj.

“Two out of three stages in the reconstruction of the factory will be completed by the end of the year. The third stage will be completed during first five months of next year, and then the factory will be opened. This is a very significant investment because, as it is already known, the factory Bosanka is one of the largest agricultural complexes for the processing of fruits and vegetables in Europe,” Hasanov said.

In addition to production plants, the Azerbaijani investors are very interested in investing in infrastructural projects in BiH.

“There are already some concrete ideas about possibilities for investing in infrastructure in BiH. At the beginning of next month, representatives of the company Azvird from Azerbaijan will come and together with their colleagues from BiH they will talk about which concrete projects will be implemented. Azvird is one of the largest companies in Europe in the field of infrastructure,” Hasanovi said.

It is obvious that a new page in the cooperation of BiH and Azerbaijan is opening, within which the business cooperation of the two countries starts to take increasingly important position.

(Source: kupujmodomace.ba/photo: bakirizetbegovic.ba)

Roof Construction of Isa-Beg Hamam

Central Bank of BiH has published a List of blocked Accounts

Consumer Basket is Double as the average Salary in BiH

Foreign Exchange Reserves of the Central Bank of Bosnia and Herzegovina will not be used

Presentation of Results of Project to Improve Business Environment and Competitiveness in BiH

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 Parallels between the Disintegration of the former Yugoslavia and the Situation in Europe
Next Article What is the Outcome of the Session of the BiH Presidency?
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

SDA: Irresponsible Map Drawing in Zagreb Brought Suffering to All, Including BiH Croats
April 26, 2026
Mostar HPP Case: How Was It “Given” to the Croatian Defence Council after the War and Why Is There a Legal Battle for Its Parcel
April 26, 2026
Vucic on “Sarajevo Safari”: They Used AI to Add a Rifle to My Photo
April 26, 2026
Who is Cole Thomas Allen, the Suspect in the shooting at the White House Correspondents’ Dinner?
April 26, 2026
Dino Mustafic’s Film “Pavilion” wins Award in New York
April 26, 2026
Over Two Thousand Runners participate in Sarajevo Marathon
April 26, 2026
Bosnia and Herzegovina named the most popular Destination in Europe
April 26, 2026
Fierce Reaction of the IGK to the controversial ‘BiH division’ Map
April 26, 2026
White House Shooting: Secret Service Agent wounded, Donald and Melania Trump evacuated
April 26, 2026
More than 95% of Torture Victims still have no Status and Rights
April 26, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?