# ASTA Energy Transmission Components invests EUR 11.8 million in Cazin production facility

ASTA Energy Transmission Components GmbH, through its subsidiary ASTA Bosnia doo, will invest over 23 million KM (approximately EUR 11.8 million) to build a production facility in Cazin, Bosnia and Herzegovina. The plant will produce windings for transformers, generators, and motors, creating nearly 200 jobs over 3-5 years.

- Type: Investment
- Announced: 2020-10-30
- Where: Cazin, Bosnia & Herzegovina
- Value: $13.5M (23.0M BAM)
- Jobs: 200
- Starts operating: Q1 2021
- Status: announced
- Products: windings for transformers, windings for generators, windings for motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [ASTA Energy Transmission Components](https://endata.com/companies/50856.md) (investor)
- [ASTA Bosnia](https://endata.com/companies/50857.md) (partner)

## Sources

- [vesti.rs](https://www.vesti.rs/Ekonomija/Austrijska-kompanija-ulaze-23-miliona-KM-u-Cazin.html), 2020-10-30: "Prema investicionom planu investitora, očekuje se zaposlenje blizu 200 radnika u narednih 3 do 5 godina."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.