Mayor Milorad Simić spoke yesterday with a new Austrian investor who is soon launching production in Derventa. It is the company “M5 -TECH”, co-owned by Peter and Marco Kassmannhuber and Schaunig Mike. Mayor Simić introduced new investors to the economic situation in the municipality and the business conditions of the business entities.
In the first phase, production at “M5-TECH” will be based on the production of parts for the auto industry, and in the coming period, the production of dedicated machinery for the production of parts for the auto industry. Production will take place on modern CNC machines. All production will be destined for the European market. The owners own a company of the same name in the city of Klagenfurt, Austria. All the procedures for the registration of the company in Derventa have been completed, the facility is under preparation so that production should start by the end of the year, as planned.
Source: Derventa Municipality
