Meeting the requirements of the technical regulations and standards companies would comply with the requirements of the relevant technical EU regulations and standards. This would thus allow companies to maintain current business on BH market and expend their business on the EU markets without restrictions. Such adjustments will lead to export and employment increase.

Action location
Central Bosnia Canton
Municipalities: Bugojno, Busovača, Dobretići, Donji Vakuf, Fojnica, Gornji Vakuf-Uskoplje, Jajce,  Kiseljak, Kreševo, Novi Travnik, Travnik, Vitez

Project duration
1st October 2018 – 31st January 2020

Overall objective of the project

Assist companies to introduce quality management systems and necessary product/service certifications in demand by target markets such as EU standards and/or other relevant standards except standards of the Russian Federation.

Specific objective of the project

“Raise up the Standards Fund” will improve the capacity of high-growth, exporting, and export-ready small and medium enterprises from the wood, metal, and textile sectors (at least 20 companies from the Central Bosnia Canton – CBC).

Expected results

  • Minimum 20 companies from MBC will obtain Quality standards an increase their market connections and sales (Based on the results achieved from previous REZ Fund we can expect sales to increase by 10% minimum and increased export of at least 5% in target companies).
  • With such an increase in sales, we also expect an increase in employment (at least 20 new jobs created in companies – project beneficiaries)
  • At least 2 beneficiary companies will be managed / owned by women.