Automotive Industry
Automotive Industry
Given Bosnia and Herzegovina’s rich and extensive tradition in the automotive industry, especially in production of auto components, BiH companies are renowned as suppliers of quality components. For decades, major brands have relied on the skilled workforce of BiH to assemble cars for western markets. The Volkswagen Group has recognised this tradition and Bosnia and Herzegovina is well under way to become the Group’s supply-base in South Eastern Europe, a market of 120 million consumers. The plant, located conveniently near Sarajevo, assembles Škoda and VW vehicles for the VW Group.
Prevent Sarajevo manufactures seat covers at two facilities in Zenica and Visoko. The production is primarily aimed at the French and German markets. Braking elements intended for export are manufactured for Volkswagen and Audi at Jelah.
A study by MIGA conducted in 2006 confirmed that BiH has numerous strengths in the automotive components industry, notably the availability of skilled labour in engineering and other technical areas, and well developed in-house R&D activities that make it competitive with some of Central Europe’s highest performers. With ongoing efforts focused on upgrading capacity and quality enhancement, companies in the automotive cluster are looking for investment partners to expand production into wider international markets.
More info at:
Survey on Auto Components Sector in Bosnia and Herzegovina, September 2005 (pdf)
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