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: The Return of an Old BH Economy Giant
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 > The Return of an Old BH Economy Giant
BUSINESS

The Return of an Old BH Economy Giant

Published September 9, 2018
Share
SHARE

The space of the former wood industry “Sjemec” from Rogatica is slowly but surely returning the old glow, and the preparation of working space and the purchase of raw materials for the production of pellet, which should start before the end of the month, should begin very soon.

Modern equipment for the production of pellet, whose value amounts to around one million BAM, was purchased in Italy and they are waiting for its delivery, after which will start the production of four tons of pellets per day.

Miroslav Jankovic, one of the owners of the company “DMM” from Pljesevica near Rogatica, which purchased property of the former wood industry “Sjemec” in bankruptcy, stated that they are planning to hire around 20 new workers.

Jankovic purchased the property of “Sjemec” together with his father Dragisa and his brother Milan, which used to employ more than 700 workers before the war. Jankovics allocated 2.5 million BAM for the former giant, and they promised to revitalize the wood industry in Rogatica.

The process of cleaning objects and space that included 11 hectares of land with built and unbuilt buildings lasted for days. They are currently preparing the pellet factory, as well as the plan for revival of the industry.

Jankovics, who have their own factory mills, expect for their promises to be realized by the end of the month. Moreover, they are preparing for the renovation of carpentry factory and the production of furniture. That is the second phase of the development plan of this company.

“For the third phase we are planning to construct a residential-business building with 40 apartments for our workers, noted Jankovic.

(Source: biznisinfo.ba)

 

 

 

More than 16,800 Tourist Vouchers used in Republika Srpska

Investment and Development Bank of the RS: Salvation through ruin?

Salkic wrote to HR Schmidt: RS Authorities want to ethnically cleanse Entity and turn it into Serbian Territory

Church from Fata’s Courtyard has to be dislocated in Three Months

Welding Company produces smart Hospital Beds in Bosnia and Herzegovina

TAGGED:#BiH#factoryBH companyeconomic giantrevivalSjemecwood industry "Sjemec"
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 Top 5 Business News and Events of this Week
Next Article COMEUFOR Major General Martin Dorfer emphasized Exercise Goals
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

Dairies in BiH Without Buyers: Farmers Struggle to Survive Amid Institutional Silence
April 13, 2026
The Investigation Expands: Who Is Behind the Trafficking of Underage Girls in BiH?
April 13, 2026
BiH FM congratulates Magyar on his Election Victory
April 13, 2026
Orbán Concedes Defeat as Péter Magyar’s Tisza Party Sweeps Hungary Elections
April 12, 2026
32 Years Since the Death of Branko Mikulic: He Refused to Leave Besieged Sarajevo
April 12, 2026
Trump again threatens to destroy Iran’s Energy Infrastructure
April 12, 2026
Jajce Barracks: Administrative Blockage turns a Jewel into a dangerous Ruin
April 12, 2026
Hungary Elections: Over 74% Voter Turnout Recorded by 5 PM
April 12, 2026
War Childhood Museum celebrates its Ninth Anniversary with Numerous Activities
April 12, 2026
Zenica Marks 81 Years Since Liberation as Anti-Fascists Honor Historic Victory
April 12, 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?