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Dec 15, 2017 12:59 EEST
December 14 (SeeNews) - Bosnian PVC carpentry company Yavuz plans to open a plant in Mali Zvornik, in western Serbia, in 2019, the Mali Zvornik municipal authorities said.
The company, which operates in Serbia under the Bauwin decor brand, has already invested 100,000 euro to relocate its factory to Brasina, in western Serbia, from Novi Banovci, in the north of the country, the Mali Zvornik local government said in a statement on Thursday.
Yavuz plans to invest additional 100,000 euro in the development of the Brasina factory next year and to open a second plant in the Mali Zvornik municipality a year later, the local government said.
The Bosnian company intends to hire 16 workers in Brasina until February, while a further 14 will be employed by the end of 2018, the president of Mali Zvornik municipality government, Zoran Jevtic, said in the statement.
Yavuz has a total of 400 employees in Bosnia and Herzegovina and targets a similar workforce in Serbia, the owner of the company, Mustafa Yavuz, said.
In Bosnia and Herzegovina, Yavuz operates factories in Brcko and Srebrenik, where it produces windows, doors, benches, mosquito nets and PVC panels, according to data from the corporate website.
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