About Us


Foreign Investors Council (FIC) is a non-profit business association, representing the interests of foreign businesses in BiH. The FIC was established in August 2006. FIC members come from different sectors: metal industry, mining, construction, legal and financial services, oil & energy, trade, banking, telecommunications, food and beverage production, and many others.


Basic Facts
  • Over 50 international and regional companies
  • Our members employ over 14.000 BiH citizens
  • Our members invested over 4,5 billion euros in BiH


Objectives

The FIC objectives are the improvement of the investment and business environment in BiH, and the promotion of communication and cooperation between the business council and the authorities in BiH.
The FIC is committed to:
  • Communicate and cooperate with the relevant authorities in BiH and other relevant partners in overcoming difficulties and obstacles faced by foreign investors ;
  • Submit recommendations on draft laws and other legislative or regulatory documents which may relate to foreign investors and business community;
  • Promote the interests of the international business community in BiH, good corporate governance and business ethics, and positive image of foreign investment in general;
  • Initiation and engagement in other activities of interest and importance to members;
  • Link with other foreign investor organizations across SEE to (a) benefit from best practices sharing and to (b) study concrete means to facilitate regional operations;
  • Develop periodicals books and documents which may be useful for the improvement of business environment;
  • Disseminate business and other related information which may be beneficial to our members;
  • Represent, express and advance the shared opinions of its members to promote a common interest and to stimulate foreign direct investments;

Vision & Mission

FIC aims to be the single voice of foreign investors present in BiH.


Our mission is to advocate investment climate improvement and overall business environment in BiH for the general prosperity of future economic development. FIC will deliver practical support to all investors and promote good business practices of foreign companies.

Implementing our Vision




Structure

The bodies of the FIC are the General Assembly, Board of Directors and Executive Office.

General assembly

Main responsibilities of the General Assembly are to define the general direction of the FIC, approve long-term and short-term plans, programs and specific targets for the activities of the FIC on proposal of the Board of Directors.

Board of directors

The FIC is managed by the Board of Directors that sets the course of activities FIC, operates the current affairs, promotes its aims, approves programs and development plans, decides on the organization and participation of the FIC in relevant public events in accordance with its objectives.

Members of the Board of Directors are elected by the General Assembly. Board meetings are held every three months. The Board of Directors elects the following: the President, the Treasurer. Specialized Implementations Teams are established by the decision of the Board of Directors.

For the full list of powers of the Board of Directors please check the Statute.

Members of the FIC Board of Directors are: CMS Reich-Rohrwig Hainz, Carmeuse, EBRD, Fabrika cementa Lukavac, HeidelbergCement Group, Japan Tobacco International, Karanovic & Nikolic, Marić & Co Law firm, Messer, m:tel, PricewaterhouseCoopers, Wolf Theiss.

President of the Board of Directors
The President of the Board of Directors provides general leadership of the FIC. The President is authorized to represent and to organize the activities of the Council.


Executive Office

Executive Director
The Executive Director is appointed by the Board of Directors. The Executive Director leads and manages the country operations and runs day to day activities.


Working groups





FIC Network


  • Aljazeera Balkans
  • Sarajevo City Center
  • Coca-Cola HBC Adria
  • SKF
  • Kakanj cement
  • Energo Petrol
  • Mtel
  • Volkswagen
  • AL Shiddi
  • Arcelor Mittal
  • Imo Junior
  • Eco Energy
  • Bosna Bank Internations
  • Sarajevo international
  • Comsar
  • McCann
  • YTONG
  • PWC
  • Eos Matrix
  • SR Investment
  • ProCredit Bank
  • Dimitrijević & Partners
  • Carmeuse
  • Marbo
  • UniCredit Bank
  • SHAD Invest
  • BANJALUČKA PIVARA AD
  • Sarajevski Kiseljak
  • Imperial Tobacco
  • Mastercard
  • WOLF THEISS
  • Philip Morris
  • Telemach
  • Elnos
  • Natron - hayat
  • Messer
  • Cengiz
  • Europian Bank
  • Phoenix
  • JTI
  • British American Tobacco
  • Studen Holding (Bimal)
  • FCL
  • Sparkasse
  • Blicnet
  • Nsoft
  • ALBA
  • SHP Celex
  • Hypo Aple Adria
  • Maric And Co
  • Kolektiv
  • Meggle
  • Gazprom
  • EFT
  • Hotel Bristol
  • Senso San
  • Sisecam
  • Hold INA
  • SSL
  • CMS-RRH
  • Heta Asset Resolution
  • Raiffeisen Bank