SARAJEVO, Bosnia (June 5,2008) - The assembly lines for Volkswagen and Skoda vehicles in the Vogosca plant near the Bosnian capital Sarajevo will be shut down by the end of this year, because with the cancellation of import tariffs on EU products the cars from these plants will no longer be competitive in the Bosnian market, it was announced yesterday by Nihad Imamovic.
He is the head of ASA Holding – the majority shareholder in Vogosce. The plant used to be the Sarajevo car factory (TAS), which was reconstructed with the help of Volkswagen immediately after the 1992-1995 Serbian,Montenegrin and Croatian aggressions against Bosnia.
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Thursday, June 5, 2008
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