The Technical Overhaul/Repair Institute TRZ Hadzici, which stands behind projects such as the first Bosnian rocket launcher, smart suits and parachute for illuminating mines, has decided to enable investors and citizens to invest money in the company and make profit.
Citizens will thus be involved in the development of the domestic economy, and this company will receive the necessary funds for the realization of their projects.
As we reported Wednesday, TRZ launched this week “a public invitation for expression of interest in partnership in projects”.
TRZ Director Meho Rekic explained for BiznisInfo that the company is steadily developing and advancing to the achievement of its goal of becoming an independent and sustainable collective with its own products.
– We have developed several products and now we want to start with serial production. We need additional resources for that and we have decided in this way of cooperation, and we also want to encourage citizens to invest in BiH, Rekic told us.
He added that the well-known fact is that the savings of our citizens is more than hundreds of millions in banks, because they do not know where to invest, to be safe in returning their invested money and making profits.
– We hope to offer better conditions than the banks, says Rekic.
Individual project based, each project is individually valuated and negotiated. Project risks and rewards are shared between partners on a pre arranged basis.
– The projects are from the field of registered activity and authorizations, and each project is discussed with interested persons, and the height, dynamics, ways and other conditions of investment is agreed, concludes Rekic.
Project duration is 12 years. The right to participate is owned by all domestic and foreign legal and natural persons, who prove the technical and professional ability to invest.
The criterion for choosing a private partner is based on the most feasible offer. The deadline for the receipt of the request is not limited and is valid until the funding of the submitted projects is completed.