OeEB signed a long-term loan of EUR 13 million to Prevent BH d.o.o. for the financing of investments to expand production capacities and energy efficiency measures.
Prevent is the largest private employer and largest exporter in Bosnia and Herzegovina. Since 1999, Prevent has been producing car seats, safety clothing, furniture, clothes, shoes, sanitary products and luggage in 15 local production sites.
OeEB's credit line enables Prevent to expand its production facilities and to invest in new and more energy efficient machines.
These investments are key to securing and creating jobs and to promoting exports from Bosnia and Herzegovina.