December 9 (SeeNews) - Bosnian furniture manufacturer Kavgico is interested in buying the former bed factory Napco owned by Dutch-based Napco Beds in the northern municipality of Petrovo, the municipal government said.
Kavgico is looking to buy the facility by the end of 2021 with a view to launching production of box-spring beds there in April 2022, the municipal government of Petrovo said in a statement earlier this week.
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The new factory would employ about 100 people.
Napco Beds closed its factory in Petrovo in 2018 after declaring bankruptcy, according to local media reports.