Establishment of a high precision CNC metal processing workshop The applicant for this project, MDG-Techniek Holland B.V., manufactures a large assortment of high-precision spare parts for the transport industry. In order to maintain its client base and grow as a business, MDG needs to increase the production capacity, while remaining price-competitive. In cooperation with local partner Missal Inzenjering DOO and Dutch partner Shipteq they have developed an investment plan for setting up a workshop in Bosnia, in the Sarajevo area, where high-precision metal components will be produced.The partners will establish a joint venture. This joint venture company will run the workshop, with CNC high-precision metal processing machines, for the production of metal components in the precision range of 1/100 to 1/1000 mm, as well as a Knowledge Centre. The joint venture will cooperate with the Sarajevo Metal School for the exchange of students and practical training.Corporate Social Responsibility (CSR)All partners are committed to CSR and will make this an important topic in the joint venture. During the project, they will implement and formalise this CSR policy for the joint venture. This policy will include the company's relation towards its own employees, the local community, the environment, the business community and the clients. The joint venture will be committed to develop long standing relationships in all areas. By the end of the project the joint venture will also be ISO 9001 certified. The partners strongly reject corruption.MDG is a member of the Metal Union in the Netherlands and through this Union they are informed on a regular basis on CSR developments and initiatives in the sector.Impact•	Employment and working conditionsAt the end of the project the joint venture will employ 17 staff: 8 operators (basic-level), 5 engineers (high-level), 1 team leader (high-level), 1 warehouse employee (basic-level), 1 administration (medium-level) and 1 household services (basic-level).Two years later, they will employ 14 additional staff, of which 8 basic-level and 6 on high-level positions, so a total of 18 basic-level staff and 13 medium-/high-level.Salaries will be at least 120% of the minimum wage. Transportation costs and one meal per shift will be covered by the joint venture. All employees will have health insurance, in line with Government regulations. Staff will also be provided with work clothing and protective devices (when necessary). Working conditions will be comparable to MDG situation, health and safety requirements will be strictly adhered to. Employees will also be encouraged to enhance their knowledge and skills and thus develop within the company. The joint venture will also aim to motivate and reward the staff according to their results.•	Innovation/Transfer of knowledgeThe project will bring to Bosnia and Herzegovina the expertise on high-precision metal processing (up to 1/1000 mm). The level of precision has a big influence on the design and programming of the production process and demands a high-level of understanding and accuracy by both the engineers and operators.Through its cooperation with the Sarajevo Technical Metal School the project will not just transfer this knowledge to their own employees, but also to two to three interns per year. Furthermore, the project will donate a CNC machine to the school. This way all metal students will become familiar with the use of a CNC machine.•	Chain effectsCopper and brass will be purchased locally. Packaging material will be sourced locally. The joint venture will also use local transport companies. Metal waste will be disposed of at local metal recycling companies.•	EnvironmentModern CNC machines are designed to minimise waste and the use of water and electricity. The project will not use any pollutants and all metal will be recycled at the facilities of local metal recycling companies. Local authorities will verify, as required by law, that the project does indeed not pose a threat to the environment.•	Position of womenThe partners commit to hire at least three women on engineering (total of 5 positions) and administrative positions (total of 1 position). To establish a modern workshop for high-precision CNC metal processing with a capacity of manufacturing 10,200 stabilisers and 212,500 other parts and components for the transport industry per year, mainly for export.