SARAJEVO (Bosnia and Herzegovina), April 25 (SeeNews) – Bosnian-based AMA Adriatic, part of Italy's AMA Group, plans to build a second plant for industrial seats and hydraulic cylinders, where it will employ 50 to 60 people, Bosnia's Foreign Investment Promotion Agency (FIPA) said.
The plant, which will be located in the municipality of Ilijas, will cover 2,100 sq m, FIPA said in a statement.
The company already operates a 4,500 sq m plant in the area.
AMA Adriatic, founded in 2008, is engaged in the production of industrial seats and hydraulic cylinders. In 2013, it started producing cables for mechanization. Currently it has 150 permanent employees.
Ilijas is based in the Federation, one of two autonomous entities in Bosnia and Herzegovina. The other is the Serb Republic.