Bosnia and Herzegovina can facilitate business with a strategic evaluation of customs tariffs, an incentive for domestic production, and a monetary policy aimed at stabilizing inflation, according to Tadija Šarić, owner and founder of the company Tadex Group, which enables the availability of quality factories, input materials and finished products for Bosnia and Herzegovina. market, which enjoys considerable respect from foreign companies.
The company was founded in 2016 with headquarters in Yiwu (China) and subsidiaries in Hong Kong and Vitez. The primary activity of the company is the role of an intermediary in the procurement of goods from China for domestic clients. The company also offers the services of finding suppliers for the desired product, quality checks, storage, road transport, and organization of delivery of goods to the customer.
“Before founding the company, I worked as a procurement salesperson. Purchasing products from China is at its core a very risky matter, and in search of better alternatives to reduce risks, I had the opportunity to notice a “lack” in the market for this type of service. With the desire to try something new and convinced of the idea, I packed my suitcase and went to China, and everything else is in the past”, said Šarić in an interview with “Poslovne novine”.
He believes that quality staff is the basis of the business concept of this company.
“The service we offer does not require a large workforce, but it does require an understanding of all the factors that affect the supply chain, and we know there are many of them. The service is always tailored to the needs of the customer, and it is never the same. The nature of the service requires constant learning and adaptability to the factors that affect the supply chain”, said Šarić.
He believes that the services offered by the company are of exceptional advantage for Bosnia and Herzegovina. company because it enables the availability of quality factories, input materials and finished products for Bosnia and Herzegovina. the market. In this way they make BiH. companies competing with companies from “larger economies” who, due to their purchasing power, had the privilege of accessing those resources.
“The plan for the next five years is to increase the volume of business within Bosnia and Herzegovina, and to establish a stable and constant distribution chain that will be able to handle the increase in demand from Bosnia and Herzegovina. consumers”, said Saric.
He pointed out that the current situation on the global markets created extremely difficult business conditions for BiH. companies.
“The destabilization of the euro has a negative effect on the purchasing power of Bosnia and Herzegovina. company in world markets. Under these conditions, BiH can facilitate business with a strategic evaluation of customs tariffs, incentives for domestic production, and monetary policy aimed at stabilizing inflation. None of the above is easy, but the pressure imposed on the private sector and Bosnia and Herzegovina must be eased. consumers”, concluded Šarić.
Interviewed by: Anesa Pindžo