Fagum is based in the town of Zvornik, in the northeast of Bosnia-Herzegovina, and already possesses the technology to produce rubber products. Director of Ein Shemer, Natan Vilner, said that by April a considerable sum of money will have been invested in Fagum and 100 new jobs created. Ein Shemer currently employs 170 people and has an annual turnover of approximately 10 million euros. (Tyres & Accessories/Staffordshire, U.K.)