Subscribe to our newsletter

Hungarian Investors Eyeing Expansion into Bosnia and Herzegovina’s Banking Sector

Hungarian investors are setting their sights on diversifying into Bosnia and Herzegovina's banking sector, marking a strategic move towards market expansion

In a strategic move towards diversification and market expansion, the new owners of Lukavac Cement Factory have revealed plans for potential investments in agriculture, hospitality, and the banking sector across Bosnia and Herzegovina.

Expressing keen interest in expanding beyond Hungary, Mr. Tamaš Nemeth, the General Manager of Talentis International Construction Investments, stated, “We are eager to explore new markets. Lukavac Cement Factory is not only a successful enterprise in Bosnia and Herzegovina but also in the broader region, making it a compelling investment opportunity.”

Highlighting their broader investment strategy, Nemeth added, “Our group is actively seeking new avenues for investment, beyond construction. While cement plays a pivotal role in the construction market, we are also exploring opportunities in agriculture, hospitality, and potentially the banking sector.”

The recent acquisition of Lukavac Cement Factory by Talentis International Construction Investments Kft. from the Austrian company Asamer Baustoffe AG signifies a strategic shift towards diversification within the Talentis Group, a part of the Hungarian conglomerate Mészáros Group owned by one of Hungary’s wealthiest individuals, Lőrinc Mészáros.

This move not only signifies a strategic economic shift but also underlines the growing confidence of Hungarian investors in Bosnia and Herzegovina’s diverse sectors.

Must Read

SEEnergy Conference Sparks Innovation in Green Energy Transition

The SEEnergy international energy conference, held from 15 to 17 May at the Celje Fair, successfully concluded, marking a significant advancement in the energy...