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: Will the German Company relocate its Production to BiH?
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 > Will the German Company relocate its Production to BiH?
BUSINESS

Will the German Company relocate its Production to BiH?

Published: February 16, 2017
Share
SHARE

grammer agThe new information appeared these days regarding the company Grammer from the German town of Amberg.

It is a Bavarian company, which is a large supplier of parts that produces automotive headrests and arms and seats.

Recently, a 20 % stake in Grammer was taken by the family Hastor led by Nijaz Hastor, who was presented in German media as “the richest Bosnian man”.

In late January, a spokesman of Hastor family announced the intention of scheduling Extraordinary Shareholders’ Meeting in Grammer in order to remove director Hartmut Muller and five members of the Board of Directors, writes Wirtschafts Woche.

Representatives of Grammer expressed the concern that Hastor could move production to where the labor work is cheaper – probably in BiH, when BH businessmen entered their company.

In order to prevent such a scenario, Grammer triumphantly announced a “strategic partnership” with China’s Ningbo Jifeng Auto Parts, as announced by Industrie Magazine.

The strategic partnership with the Chinese was welcomed by automobile corporations that Grammer supplied with parts. This could be interpreted as their revenge to BH businessman after the last argument of Europe’s biggest automobile manufacturer with Hastor’s Prevent.

(Source: Radiosarajevo.ba)

 

Cultural, historical and natural Resources of Jajce must be saved
Strict Rules on the Borders of the EU, Longer Retentions at the Entrance to Croatia
Tegeltija spoke with Merkel about the Commitment of BH Institutions to the EU Path
EBRD doubled the Money for Corridor 5C
Pupils in Sarajevo watched “Little School of Money” Presentation on World Savings Day
TAGGED:#BiH#company#Germany#labormarket#Preventautomobile industryGrammer AGHastorNijazHastor
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 The Constitutional Court of BiH rejected the appeal of the Commission for the Referendum in RS
Next Article Gifts from St. Louis for Children from Kamenica
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

COM EUFOR Continues Engagement with Local Authorities in Konjic and Visoko
September 24, 2026
The first-instance Verdict against the Former Director of BiH Intelligence Agency scheduled
September 24, 2026
POSKOK files Indictment against former Director of FBiH Motorways
September 24, 2026
Energy Transition: Power Utility of BiH and the Universal Energetics Sign Memorandum of Understanding
September 24, 2026
BiH FM Participates in the Working Meeting of the Partnership Commission of the US – Adriatic Charter
September 24, 2026
OSCE PA prepares to deploy Election Observation Mission to Bosnia and Herzegovina
September 24, 2026
SIPA on ‘Tihor’ Operation following which an Interior Ministry employee committed Suicide
September 24, 2026
Central Election Commission fines Political Parties for Premature Campaign
September 24, 2026
DCOM EUFOR Visits Armed Forces of Bosnia and Herzegovina Training and Doctrine Command
September 24, 2026
BiH Foreign Minister: Membership in the European Union remains a strategic Goal of BiH
September 24, 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?