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January 23, 2015

BiH: Neefikasan državni aparat koči ulaganja

Politička nestabilnost i neefikasna administracija su prepreke za strana ulaganja u BiH, kažu stručnjaci.

Bosna i Hercegovina je prema podacima Centralne banke BiH u protekloj godini zabilježila pad direktnih stranih ulaganja, što je trend koji je u ovoj zemlji prisutan i prethodnih godina. Sa druge strane, zemlje regije iz godinu u godinu bilježe stalni rast stranih investicija.

January 14, 2014 January 22, 2014 December 29, 2014

New Rulebook on Determining of Quality of Liquid Oil Fuels

EU approves German-UK initiative to revive Bosnia membership bid

Tax Alert – Poreske novosti

Members Corner

FIC presents the new member


Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and companies to look at their full potential.

Microsoft BiH
Microsoft Bosnia and Herzegovina was established in mid-2006. 100% ownership of Microsoft Corporation, Redmond, WA and is dedicated to the development of BiH IT market.

Primary activities of Microsoft Bosnia and Herzegovina are development of sales network, including marketing, consulting services, organization of professional and technical support.   In cooperation with local partner companies, Microsoft is focusing on enabling the development of comprehensive, reliable and scalable solutions that meet specific business needs of users in Bosnia and Herzegovina.


FIC presents the new member


Telemach is the largest operator of analog and digital television, and one of the leading providers of broadband Internet services in Bosnia and Herzegovina and the fixed line operator,  since the end of 2010. Telemach BiH was formed  by a combination of cable distributors across the country during 2010, 2011 and 2012 (BH CabelNET, GlobalNET and Elob from Sarajevo, Monet from Mostar, Telekabel from Zenica, Art-Net from Kiseljak and Vi-Net from Visoko, and today employs 215 people. The average age of employees is 30.

In cooperation with companies SBB Serbia,Telemach Slovenia, global OTT platform NetTV and about 15 smaller companies, which has the same majority shareholder and Chairman of the Board, Telemach makes an unique telecommunications system in the former state, under the name of United Group.
Telemach is a young company, proud of it´s four-year business in the territory of Bosnia and Herzegovina, and Telemach plans to expand and increase the scope of services. Operations relating to the provision of analogue television, D3 digital television, cable Internet and digital phone service fixed. Covering the network: 200 000 households in 17 cities in Bosnia&Herzegovina.
Provides it´s customers innovative and advanced services based on the latest technologies, raising the level of competitiveness of the BiH market, and enhancing the experience and usage habits of fixed telecommunications services.

At the end of 2013. Kohlberg Kravis Roberts & Co. LP (together with it´s affiliated companies, "KKR") has signed a contract for the purchase Telemach / SBB group of fund Mid Europe Partners.

About KKR
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment fund, which is on June 30, 2013 operated with 83.5 billion dollars in assets.
With offices around the world, KKR manages assets through a vast variety of investment funds.
KKR seeks to create value by bringing operational expertise to it´s portfolio companies and through active monitoring and control of their investments. KKR complements it´s investment expertise and strengthens interactions with investors through a fund relationships with customers and platform for large markets. KKR & Co. LP actions are on New York Stock Exchange. KKR includes branches, investment funds and any other related investements companies.

Main services: analog and digital TV, broadband internet, fixed telephony
With it´s range of internet services, digital and analog television and fixed telephony, and after a few years of work, Telemach´s services today are provided by a growing number of users increasing by the day its presence and share in the Bosnian&Herzegovina market. Telemach first started with analogue service - cable television, then the introduction of broadband Internet, where users choose more stable and faster access to internet rather then dial up access.  Telemach was the first operator who introduce FLAT fixed telephony, where users can talk for 0 KM/min to all networks in Bosnia&Herzegovina.
Telemach was the first who offer users a favor from television transmission of television content in a standard digital resolution, and then on a high resolution, which actually inject SD and HD TV product at B & H market. Telemach was the first in bundling  all kind of it´s services in DUO AND TRIO package, offering users a more favorable price and easier way to use the service. Telemach offer includes the largest number of HD channels via 30 channels.

Telemach Solutions represents a platform for business customers, providing top quality services through flexible solutions, fully customized business needs.
The basic objective Telemach Solutions is  that through building partnerships with business users can  provide all ICT services and equipment in one place. Thanks to it´s own infrastructure supported cutting-edge technology and services Telemach Solutions can provide the services necessary for modern business in all segments of the business: entrepreneurs, large companies and the public sector.
Telemach  constant challenge is working together, through their work  they are  providing the opportunity for further training to their employees. The company is as successful, how successful they are the people who make it. Precisely for this reason thwy attach great importance to quality-based and offers professional education and training of all their employees.




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White Book

Foreign Investors Council of BiH (FIC) launched fourth edition of the White Book 2012/13, and presented to BH government officials and international officials in Bosnia and Herzegovina
(download .pdf)

Newsletter May - December 2014

English Version (PDF)

Partnership with the Government of FBiH

FIC is especially proud of our partnership with the Government of FBiH, established in 2011
(click here to read more)
FIC Recommends

Wood & Metal Processing Sectors

(click here for PDF file)

Report on specific labour law issues: Termination of the Employment Contracts by Employer (click here for PDF file)

Bosnia and Herzegovina ranked 126th among 185 economies -states in the newest World Bank Doing Business for 2013

For more info, you can find out trough score card (click here for PDF file) for BiH and Doing Business 2013 full version (click here for PDF file).

EBRD transition report 2011
Bosnia & Herzegovina
(to download click here)

Online interactive Business Map of Bosnia and Herzegovina
The map makes available land related data of interest for businesses and investors through a single online portal.  Different layers of data can be accessed through the portal free of charge, including land data, infrastructure, economic and free-trade zones with appropriate features, population and demographics, business data and many more.

Procedure for issuance of work permits for foreign nationals in the Federation of BIH
The document defines procedures for issuing a work permit for the employment of a foreign national or a person without the citizenship in the Federation of BIH applied by the cantonal employment services, with prior approval of the Federation Employment Bureau. The goal of the Procedure for issuance of work permits for foreign nationals in the Federation of BIH is to achieve uniformity, better effectiveness and timeliness in application of laws and other legislation related to employment of foreign nationals.
Summary of the Procedure for Issuing Work Permits to Foreigners (download PDF document)

Procedures for Issuing Work Permits to Foreigners (download PDF document)

Online search engine of business registration databases
The online search engines of business registration databases is a comprehensive source of information presenting public data on business entities in the Federation of BIH and Brcko Distrikt BIH.  It provides most complete and current information of business establishments and companies, contributing to a more favourable business environment and improved investment climate in the country.

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