TMD Automotive has opened a new factory in Gradacac, northeastern Bosnia. The car parts manufacturer currently employs 71 people at the facility and plans to quadruple its workforce over the next few years. Investment costs exceeded €5m. TMD Group Gradacac employs 671 people at its four factories — Kovgrad and TMD Automotive in Gradacac, UTL in Sarajevo, TMD Mibo in Brcko.
