Bosnia & Herzegovina: Belgium-based insulation producer Krautz-Temax is expanding its production facilities in Orasje, Bosnia & Herzegovina, according to that country’s Foreign Investment Promotion Agency (FIPA). Krautz-Temax will soon launch the construction of new facilities on 20,000m2 of land, which will triple its production capacities in the country once completed. The company currently employs over 60 people in Orasje and plans to increase its workforce once the new production facilities are built.
Krautz-Temax first came to Bosnia & Herzegovina in 2015. The company's Bosnian manufacturing facility is equipped with specially-developed machinery to manufacture and process its unique Temax insulation. It plans to also start making extruded polystyrene in the country from the new facilities being installed.
