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INTERVIEW - Schneider Electric plans new investments in Bosnia's infrastructure, energy sectors

Author Maja Garaca
INTERVIEW - Schneider Electric plans new investments in Bosnia's infrastructure, energy sectors Milenko Krivokuca

BANJA LUKA (Bosnia and Herzegovina), November 3 (SeeNews) - Schneider Electric is planning fresh investments in Bosnia's infrastructure and energy sectors as well as in creating energy efficient buildings, both commercial and residential, a company official told SeeNews.

"Our focus is certainly on further increasing our cooperation with local partners and large end users in the field of electric power and industry," Milenko Krivokuca, Schneider’s Bosnian-based sales manager, said in a recent interview with SeeNews.

"Our goal is to participate in an increasing number of projects, especially those that are closely related to the development of infrastructure and electricity supply, but we also look forward to working on creating new solutions in energy management and automation," Krivokuca said.

So far, Schneider Electric has worked in Bosnia on implementing medium and low voltage installations, as well as automation and management solutions in the country's power distribution companies, thermal power plants, mines and hydro power plants.

The company has also converted numerous spaces throughout Bosnia into smart buildings. These include commercial buildings occupied by companies Telrad, Telemax and LANACO.

"Because a smart building is a complete system of so called intelligent installations that use electric and thermal energy, natural light and other energy products in the most efficient way in order to save energy, increase the reliability of installations, increase user comfort, and increase the modularity of the facility itself, I believe that in the future there will be more and more such buildings in Bosnia and Herzegovina," Krivokuca said.

Schneider Electric SE is a France-based multinational corporation that specialises in energy management and automation solutions, spanning hardware, software, and services. It has been present on the Bosnian market for almost 20 years, and has in that period delivered products and solutions valued at several million euro.

Krivokuca noted that Bosnia’s market is full of potential, but additional education on the Internet-of-Things (IoT) technology is necessary.

"Bosnia and Herzegovina is demonstrating everyday that it is keeping track with trends, although there is always room for improvement."

Krivokuca added that Schneider is ready to cooperate with local companies towards finding sustainable, efficient, reliable and secure solutions.

"We are always happy to cooperate with local companies from all areas, but most of all those that invest in their employees by providing them various types of training in new technologies and trends in the field of electrical engineering," Krivokuca said.

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