A Balkans PVC window and door manufacturer is ploughing new investment into expansion of production in Serbia.
Yavuz Company of Srebrenik, Bosnia-Herzegovina, which has run a plant at Novi Banovci in northern Serbia selling its ‘Bauwin' brand profile windows for some time, now plans to concentrate its operations in the west of the country.
Yavuz has already invested €100,000 on a project to relocate its production plant from the northern site to Brasina on Serbia's western border with Bosnia-Herzegovina, according to Serbian authorities.
The Bosnian firm, owned by Turkish entrepreneur Mustafa Yavuz, intends to spend a further €100,000 to develop the new plant at Brasina next year. It then plans to open a second PVC windows facility, being located to the south along the River Drina at Mali Zvornik by 2020.
Yavuz has already created 16 jobs at its new Brasina plant and expects to employ a further 14 workers there before the end of 2018, said the president of Mali Zvornik municipality authority Zoran Jevtic in a statement.
As it grows in Serbia, the PVC profiles, windows and doors manufacturer intends to match its current 400-strong workforce in Bosnia with a similar number of employees across the border, Mustafa Yavuz was quoted in regional media as promising.
His company operates two plants to date in Bosnia at Srebrenik and Brčko in the north of the country. It produces a wide range of PVC profiles, PVC and aluminium windows, vinyl and wood based doors, shutters and mosquito screens.
Formed back in 2005, Yavuz Company today serves the domestic market as well as exporting its output to the neighbouring Balkan states of Croatia, Montenegro and Serbia.