Vebo Group building new plant in Bosnia

Vebo Group broke ground on its new factory in Bosnia. The German company is investing €1m in the factory, which is going up in the town of Derventa. The facility will manufacture automatic gearboxes for the automotive industry. Vebo will hire 50 people to run the factory. Vebo Bosnia is a part of Vebo Amtzell. The German company also has production facilities in the US. Its main customers are BMW, Volkswagen, Audi, Porsche and Daimler.