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Dec 20, 2017 14:01 EEST
BANJA LUKA (Bosnia and Herzegovina), December 20 (SeeNews) – Dutch bed producer Napco Beds has opened a new production plant in Bosnia and Herzegovina, in the municipality of Prijedor, the municipal government said.
Napco, which has been operating in Bosnia since 2011 in the northern municipality of Petrovo, currently employs 50 people in Prijedor, as it plans to expand its staff to 300 during the next investment cycle, the local government said in a statement on Tuesday.
Napco's Prijedor-based plant will export one truck of products daily to countries in the European Union, but by July next year exports should triple.
Petrovo and Prijedor are both located in the Serb Republic, one of the two entities of Bosnia and Herzegovina. The other is the Federation.
Napco employs 400 people in Petrovo and is the biggest exporter in the municipality.
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