EBRD backs Selzer Automotive Bosnia expansion in electric and hybrid vehicle components
Bosnia and Herzegovina's automotive manufacturing sector is drawing fresh financing as suppliers position for rising demand from lower-emission vehicle production in Europe. A 15 million euro loan to Selzer Automotive Bosnia combines investment in new equipment with workforce training and hiring plans focused on young people and women.
Highlights
- The European Bank for Reconstruction and Development is granting a 15 million euro loan to Selzer Automotive Bosnia to finance machinery for electric and hybrid vehicle components.
- Selzer Automotive Bosnia will expand output and strengthen integration into European automotive supply chains, supplying major vehicle manufacturers and Tier 1 suppliers.
- The project creates at least 100 new jobs with training focused on young people and women, supporting workforce development and technical skills for advanced manufacturing.
Production investment and supply chain role
As reported by the European Bank for Reconstruction and Development, the lender is providing a 15 million euro loan to Selzer Automotive Bosnia, a manufacturer of ready-to-install metal components and assemblies for the automotive industry.The funding is set to finance new machinery, tools and production equipment at the company's plant in Bosnia and Herzegovina. Most of the initial loan supports production of components for electric and low-emission hybrid vehicles, including rotor shafts used in electric motors and parts for hybrid-vehicle transmissions.
The project is intended to expand the company's output, improve operational performance and deepen its integration into European automotive supply chains. Selzer Automotive Bosnia supplies precision metal components and assemblies for transmissions, brakes and engines to major international vehicle manufacturers and Tier 1 suppliers.
Selzer Automotive Bosnia is part of Germany's Selzer Group, which develops and produces metal components and assemblies for automotive and industrial applications. The group has operated in Bosnia and Herzegovina since 2021 and is owned by German investment company Mutares.
Skills development and industry impact
The financing also includes workforce development measures, with the project envisaging training and employment opportunities for at least 100 additional workers. The planned programme focuses on young people and women, while also aiming to strengthen equal-opportunity hiring practices.Measures include structured training for computer numerical control, or CNC, and automated process operators, as well as closer cooperation with vocational schools. The approach aligns with broader efforts to build technical skills needed for advanced manufacturing and lower-carbon vehicle production.
For Bosnia and Herzegovina, the investment supports private-sector competitiveness while linking industrial growth to skills formation and cleaner technologies. For the regional automotive sector, it signals continued supplier investment tied to Europe's transition toward electric and hybrid vehicle platforms.
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