Vitamilk has purchased 9,000 square metres of land from the municipality to build the factory in which it will open 50 new jobs by end of March 2013, the economic development agency of the Prijedor municipality said in a press release.
The company expects to increase the number of milk producers it works with from the current 300 after opening its new factory.
Prijedor is located in northwestern Bosnia and Herzegovina.
(1 euro=1.95583 Bosnian marka)