May 31 (SeeNews) - Italy's machinery parts manufacturer PMP Industries has signed an agreement with the Bosnian municipality of Laktasi for the construction of a factory in the Aleksandrovac business zone, an investment worth 40 million euro ($42.7 million), the government of the Serb Republic said.
The factory will produce components for crusher machines, the government of the Serb Republic said in a press release on Tuesday.
PMP Industries is already present in Bosnia through fully-owned manufacturer of machine parts for iron and steel works PMP Jelsingrad FMG.
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other one.
($ = 0.935961 euro)