Remus to build a new production facility in Sanski Most
The Austrian company Remus announced it was building a new manufacturing facility in Sanski Most, a city in northwestern Bosnia and Herzegovina. Remus is one of the largest global producers of exhaust pipes for the automotive industry. Currently the company’s personnel numbers 150 people. The new investment is aimed at doubling the company’s production and will result in hiring 130 more workers, the company said.
Currently, more than 90% of its production Remus exports to around sixty countries worldwide. The whole production that will be manufactured at Sanski Most is intended only for export.
Four years ago the company privatized the Turkish manufacturer of plastic joinery Enka and adjusted its facilities for the new business model.
LATEST issue 2/2021
Sustainable networking through business connect at Eurasia Packaging Istanbul Fair HYBRID+. Reed Tuyap Fairs Inc., organizer of the event, presented details on the hybrid format of the fair in 2021. Find more details here...
With nearly 30 000 employees in numerous established companies contributing approximately 40% to annual exports, North Macedonia has become a key manufacturing location in Eastern Europe for first and second tier suppliers to the automotive components industry...