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Sarajevo Times > Blog > BUSINESS > Talks on starting the production of Technical Institute Hadžići
BUSINESS

Talks on starting the production of Technical Institute Hadžići

Published: February 19, 2013
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FBiH President Živko Budimir talked in Sarajevo with manager of Technical Institute of Hadžići Zijad Fazlagić and the US investors of Gibbs Rifle Company Val Forgett, the chairman of this company that produces military equipment.

Talks between the two companies are in the final stage and with the contract that is worth one million and a half USD would start the production and would create new jobs.

Apart from that, with the rehabilitation of special industry, conditions for exporting the products at international market will be met.

Budimir gave the support to this project, and he mediated himself that the agreement will rehabilitate former developed company of BiH.

He said that only with concrete efforts, the development of economy in BiH can happen, which would benefit all citizens of BiH and which would enable them decent life and job.

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