Across the former Yugoslavia you can find several abandoned industries.
This is a former factory site in Montenegro, just across the border with BiH.
The Factory belonged to the IAT Tool company.
They manufactured a variety of machine-parts and tools.
After the breakup of the former Yugoslavia, the economy plunched to an all time low in the whole Balkan region.
The IAT company still exists, although many off its factories never opened their doors after the war in the 90’s
Recently a company called Swiss Lion bought took over the entire company.
The Serbian Swiss Lion group is owned by Rodoljub Drašković, an eccentric entrepreneur.
They new owner heavily invested in the remaining profitable sites.