News in English     | 27.06.2021. 17:11 |

Foreign Trade Chamber of Bosnia and Herzegovina visits GIKIL

FENA Press release

SARAJEVO, June 27 (FENA) - Representatives of the Foreign Trade Chamber of Bosnia and Herzegovina paid a working visit to Global Ispat Coke Industry Lukavac (GIKIL) in order to renew cooperation and improve mutual relations.
 
After GIKIL went through a turbulent period in the last years of its work, which resulted in threats to close and endanger 1,000 jobs within the company, and hundreds of jobs in other partner companies, the current business is recording stable results and optimistic forecasts for the future.
 
The Foreign Trade Chamber states that the new management of GIKIL is ready to meet that challenge, and started things from the deadlock in that company. Despite the pandemic that shook the global economy, the company achieved its set business goals. Currently, about 95 percent of GIKIL's production is export-oriented, and the company as such is firmly tied to the strategic value chains of the region, which further speaks of the size and importance of this BiH giant.
 
Executive Director of GIKIL for production, Almin Suljić, stated that the first and basic challenge was to invest in factories to ensure technological and safety working conditions and continuing the production process.
 
FTC BiH added that, aware of global trends, the management of GIKIL continues to develop and implement plans for its production in this direction, through the improvement of technological procedures and diversification of the production offer. It is obvious that GIKIL is investing in the necessary processes according to the dynamic water permit plan, and they expect to end the year with greater investment in the wastewater treatment process, which will remove GIKIL from the black list of the Spreča River pollutants, FTC BiH said.

(FENA) A. B.

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