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◙◙ A large number of available greenfield, and factory sites that
are price competitive, environmentally compatible with international standards, and that have world-class infrastructure;
and
◙◙ Assistance in training and re-training workers for a plethora
of manufacturing processes.
Tesanj offers unparalleled opportunity in the wood products sector, whether in furniture, flooring, or parts and equipment. Access
to global markets is maximized by the low cost structure, skilled
labor force, and plentiful raw materials.
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Contacts
Municipality of Tešanj
TRA Tešanj Development Agency
Trg Alije Izetbegovića 11
74260 Tešanj
Bosnia and Herzegovina
Phone: +387 32 650 608, +387 32 650 390
Fax: +387 32 650 390
http://www.opcina-tesanj.ba/
www.tra.ba
Invest in Tešanj:
Your Partner in
Southeast Europe
GROWTH-ORIENTED LOCAL DEVELOPMENT (GOLD)
effectiveness, and investing today puts companies squarely “in
the action” as Bosnia and Herzegovina prepares to enter the
European Union. Tesanj’s long history of industrial excellence
means its workforce is attractive to global companies in a number
of sectors.
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Why Invest in Tesanj?
Tesanj is on the doorstep of the European Union, offering investors the opportunity to easily access a huge global market, while
enjoying a friendly business environment, lower operating costs,
and excellent availability of talented labor. It is poised for investment, offering:
◙◙ A strategic location to Asian, Middle Eastern, and European markets with convenient time zone which overlaps with
major markets in Europe, as well as allows for time compatibility with companies in the Middle East and United States
markets;
◙◙ Highly talented, creative and skilled labor at competitive
costs;
◙◙ Long tradition of industrial excellence, which translates into
a skilled and low-cost workforce for production companies in
a variety of sectors;
◙◙ Mechanisms to scale up the labor supply in line with specific
investment opportunities / project demands;
◙◙ Professional work ethic and mentality;
◙◙ Abundance of industrial zones, attractive greenfield sites,
and available production facilities at competitive rates;
◙◙ Plentiful natural resources;
◙◙ Favorable legal environment;
◙◙ Incentive packages for FDIs that are customized based on
the type and size of investment;
◙◙ Competitive utility costs, which translate into lower operating
costs for investors;
◙◙ Plentiful natural beauty and high quality of life;
◙◙ A “can do” business attitude that reduces the risk of investment within collaborative and innovative environment.
Investing in Tesanj today positions companies to access a plethora of global markets. The Business Excellence Area (BEAR),
which includes Teslic, Tesanj, and Zepce is noted as one of the
top ten small European regions for investment in terms of cost
Fast Facts
◙◙ Long industrial tradition and home
to world’s leading companies
◙◙ Skilled, available and young workforce (54% are younger than 40)
◙◙ Customized incentives including industrial land
for 0.5 Euro and free of municipal taxes to qualifying companies
◙◙ Investment ready locations (over 10 hectares/25 acres)
◙◙ E-governance with efficient service to business sector
◙◙ Cost of energy and utilities among the lowest in Europe
Target Sectors for Investment
Tesanj is an attractive investment destination for companies in a
variety of sectors, but especially those in:
Metals
Few countries in the former Yugoslavia have the history of metal production that is present in B&H, and few cities can boast
more tradition in this sector than Tesanj. With a plethora of skilled
workers, a competitive cost structure, and a strong foundation of
existing investors, Tesanj offers a natural platform for investment.
Advantages for potential investors include:
◙◙ Unparalleled access to natural resources, such as iron ore,
bauxite, lead, zinc, and copper;
◙◙ A large and productive workforce skilled in metal production
and processing;
◙◙ Manufacturing support from beginning to an end – from raw
materials, through design, engineering and development
phase, as well as maintenance support;
◙◙ Low utility costs, which provides a distinct cost advantage
to investors;
◙◙ Tradition in metal production and processing that provides
strong access to existing and emerging markets;
◙◙ A large number of available greenfield, and factory sites that
are price competitive, environmentally compatible with international standards, and that have world-class infrastructure;
and
◙◙ Assistance in training and re-training workers for a plethora
of manufacturing processes.
An increasing number of metal processing and production companies are considering investing in Tesanj in order to take advantage of its natural assets, and the municipality’s value proposition
in this sector is growing daily!
Wood Products
Out of all natural resources in and around Tesanj, its timber is best
known, as 53% of the country is covered in forests that can serve
the wood and furniture processing industry. Forests and forest
lands in B&H is spread over an area of 2.709.800 hectares. Advantages for potential investors include:
◙◙ Unparalleled access to natural resources, including different
types of timber;
◙◙ A large and productive workforce skilled in wood processing,
furniture, wood flooring and other verticals;
◙◙ A wood products laboratory and testing facility to increase
research and development capabilities, lower costs, and create greater market access;
◙◙ Low utility costs, which provides a distinct cost advantage
to investors;
◙◙ Tradition in wood production and processing that provides
strong access to existing and emerging markets;