Kreševo is a mountainous town, located in a narrow valley of the Kreševka river, under the slopes of Mount Bitovnje.

Reason for this are the subsoil assets of the Kreševo Municipality area, where gold, silver, copper, iron and mercury where exploited.

During the medieval period, Deževice had important lead, silver and iron mines, as well as a market town and a Ragusan colony.

In that year, the Kreševan fortress, bazaar and silver mines were mentioned, along with assisting miners in Deževice and Dusina.

The Ottoman adopted almost entire legal regulative of the area (Kanun-sas, translated as the Laws of the Saxons), as well as the technology of craft and ore processing.

Those qanuns (laws) provided autonomy for metallurgists, regulated the property rights between copartners and established executive bodies (an assembly, a knyaz and a messenger).

The main product of the Kreševo area until 17th century was silver, when it was replaced by iron whose exploitation and processing found a wide range of usage.

[1] A detailed description of Kreševo was made by an Austrian Croat intelligence officer, certain sergeant major Božić, in 1785, prior to the Austro-Turkish War.

This ended the local mining and crafts, which entered a major crisis and later entirely disappeared, and was replaced by the industrial production.

After that, measures for saving Kreševo's economy were taken, so a smiths' cooperative was founded in 1908, which remained active until 1948, when it was transformed to the "Čelik" company.

Kreševo had a branch of a weaving company "Tkaonica ćilima Sarajevo", a furrier and a smithy with a motor engine.

Iron products were made, mostly horseshoes and nails, and there was also a nearby mine owed by Graf Ogsz Orzechowski.

Kreševo was the first among minor towns to have a water supply, a public bath, a pool, a phone line and a hydroelectric power plant.

The old smith craft was transferred into industrial production by establishing the "Čelik" company and number of privately owned blacksmiths were modernised.

The mining saw a great development by founding the company for production and processing of mineral resources named "Barit".

The textile tradition was also continued by founding the "Autooprema" company, a successor of the "Tvornica ćilima Sarajevo" from the Austrian-Hungarian period.

The traditional blacksmith craft was transferred to the industrial production with the foundation of the "Čelik" company, which grew from the smiths' cooperative.

The mining also saw a great development, especially with the founding of a company for production and processing of mineral resources named "Barit".

[6] After the war in Bosnia and Herzegovina, the privatisation process was mishandled and many markets were lost; technical backwardness and low productivity led to the reduction of economic activity in these sectors.

[citation needed] President of the Council of Kreševo is Mirsad Beganović of the Party of Democratic Action.

The monastery as an architectural ensemble, together with a number of its movable property and items, is being included by KONS into the List of National Monuments of Bosnia and Herzegovina since 2003.

The noble families of the Bosnian state were keen to exploit the plentiful resources of gold and silver but they didn't have the skills to do so.

Una-Sana  Central Bosnia Posavina  Herzegovina-Neretva Tuzla  West Herzegovina Zenica-Doboj  Sarajevo Bosnian Podrinje Canton 10