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Tissa Bosnia to relocate production to Novi Travnik with 1.5 million KM investment
Tissa Bosnia, a company operating under the Swiss group ImCut Holding AG, has announced plans to relocate its production to Novi Travnik. The investment, valued at approximately 1.5 million KM, is expected to be realized by 2027.
The company specializes in producing technical glass fiber fabrics used in the manufacturing of grinding and cutting discs. Currently employing 22 workers, the expansion is expected to significantly increase the workforce and could nearly double the company's annual turnover.
To accommodate large-scale machinery, the company is preparing to expand its existing 5,000 square meter facility. The local administration of Novi Travnik, represented by Mayor Stjepan Dujo, has pledged support to assist the company with the complexities of the local system and the expansion of its production space.
Entities
ImCut Holding AG · Novi Travnik · Stjepan Dujo · Tissa Bosnia