Granit of Bosnia restarts production

Bosnian stone manufacturer Granit has reported that it is restarting production after two years of no activities. As a result, 100 jobs will be created. Granit's director, Salih Klepo, said that the restart of production resulted after talks and agreements with the Union Organtisation, and the new liquidation manager, Velija Sabljic. President of the Union Organisation, Memsud Cosic, said that a court will decide on the alleged €500,000-plus theft in the company. Its issues started in 2004 when the Privat
April 13, 2012 Read time: 1 min

Bosnian stone manufacturer 4856 Granit has reported that it is restarting production after two years of no activities. As a result, 100 jobs will be created.
Granit's director, Salih Klepo, said that the restart of production resulted after talks and agreements with the Union Organtisation, and the new liquidation manager, Velija Sabljic.
President of the Union Organisation, Memsud Cosic, said that a court will decide on the alleged €500,000-plus theft in the company. Its issues started in 2004 when the Privatisation Agency signed a contract with Ortacka Group for the sale of its 67%.

For more information on companies in this article

Related Content

December 4, 2018

Deutz supports ownership change at troubled engine supplier

German off-highway diesel engine manufacturer Deutz has issued a statment supporting the change of ownership at its parts suppiler Neue Halberg Guss.

It made the statement after it was announced that investment group AVIR Guss Holding has signed an agreement through its subsidiaries Gusswerke Saarbrücken and Gusswerke Leipzig to take over the business operations of Neue Halberg Guss. No details on the purchase price were given.

Deutz says that the new ownership will ensure that it is supplied with the

March 13, 2012

New equipment boosts Ukrainian quarry production

Unigran is investing in new equipment to meet demand from its Ukrainian Malin granite quarry. Rapidly rising demand for aggregates in the Ukraine has helped double production at Unigran's Malin quarry over the last six years to reach 2million m3 per year. The company is expecting calls for material from the granite quarry to continue rising and is investing in both new equipment and its workforce to meet this.

June 1, 2017

Marmomac 2017 to be held against backdrop of €22 billion marble and granite industry

Ahead of Marmomac 2017, it is reported that marbles and granites in 2016 saw an increase of 3% in quarrying, while global trade came to €22 billion. The 52nd edition of Marmomac 2017, being held from 27-30 September in Verona, Italy, is the most important and complete international exhibition dedicated to natural stone, from semi-finished and finished products to machinery, technology and processing accessories, along with the latest applications in architecture and design.

March 30, 2012

Bosnian business nationalised

The Bosnian government has announced that it is to re-acquire the building materials business of Granit following embezzlement of some €5.6million by the private owners. The move was made following a ruling of the municipal court and the government has said that a new privatisation process will be started once the government has established a new management structure for the business.

boombox1

Highlighted Content

boombox2