The Ratkovac Business Zone in Cazin has gained a new investor. The company Kulin World will build a facility with a ground floor and three additional floors on a 3,500-square-metre plot. The new factory is expected to create 15 jobs, the City of Cazin announced.
The investment agreement was signed last week by Cazin Mayor Nermin Ogrešević and the company’s representative Senada Demirović Habibija, officially marking the company’s entry into the business complex located in the Ratkovac Business Zone.
Kulin World specializes in the production and installation of modular kiosks, as well as the processing of coffee, tea and other beverages. The company is also engaged in storage, assembly and technical preparation of equipment. It operates in Austria and Bosnia and Herzegovina.
“We expect construction of the factory facility to begin soon, and with the start of production new jobs will be created,” Mayor Ogrešević said.
According to data available on the city’s official website, a total of BAM 5 million has so far been invested in infrastructure within the business zone. The zone covers an area of 500 hectares and currently hosts 10 companies employing around 500 workers, Forbes writes.
