| What's New |
 January 30, 2012 |
 The British Embassy in BIH: The Chevening-EFT scholarship presented
On January 26th 2012 in Sarajevo, the British Embassy in BIH, the British Council BIH and EFT organized a presentation of the Chevening-EFT scholarships for post-graduate studies in the UK.
At a reception held in the premises of the Armed Forces of BIH Ambassador Nigel Casey and EFT Manager James Nye signed a Memorandum of Understanding between the British Embassy and EFT. |
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| Upcoming Events |
| Friday, February 10, 2012 |
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| Members Corner |
 The FIC would like to promote new member
Click here to read the presentation in english
Click here to read the presentation in croat
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UniCredit announces quarterly analysis of the CEE countries
"The increase in foreign demand for the products of low technological level is still the fundamental motivation to a steady economic recovery in Bosnia and Herzegovina, despite the structural limitations of the internal growth of economic activity"-said UniCredit's chief economist for Southeast Europe Goran Šaravanja, regarding the publication of UniCredit CEE Quarterly publication for the second quarter 2011th year.
To download the whole analysis, please visit: www.unicreditbank.ba
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USAID extended warranty on UniCredit Bank loans to small and medium enterprises
The U.S. Agency for International Development (USAID) and UniCredit Bank confirmed the continuation of cooperation until October 2016. By signing the Treaty of Guarantee Fund, USAID extended the guarantee on a loan from the Bank's assets for legal entities / persons.
Guarantee applies to entrepreneurial banking, small and medium-sized private companies and is focused specifically on agricultural production, manufacturing and food processing, wood processing and tourism.
Loans range in amount from $ 15,000 to $ 1 million at an interest rate of 7.99%. The deadline for loan repayment is 30.09.2016.g.
Until now, the U.S. government, primarily through USAID, has provided over a billion and a half dollars to support economic, democratic and social progress of Bosnia and Herzegovina.
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Gianni Franco Papa appointed as a director of CENTRAL AND EASTERN EUROPE
Board of Directors of UniCredit S.p.A. named Gianni Franco Papa for the Director of the Department of Central and Eastern Europe (CEE) and UniCredit, which was previously operated by Federico Ghizzoni before being named chief executive officer (CEO) of the Group.
Gianni Franco Papa reports directly to the Managing Director.
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Cement Factory Celebrates Birthday
Today, 15 December 2010. year, in the Cement Factory, there was
ceremony marking 32 years of successful existence and work of this collective. Traditional
gathering was attended by a large number of workers, retirees and family members of deceased and
deceased workers.
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Mostar-based Hypo Alpe Adria Bank gets a 55 mil. KM injection
The owner of the Hypo Group, The Republic of Austria recapitalised the Hypo Alpe-Adria-Bank d.d. based in Mostar with an additional 55 million KM.
Payment of the second tranche arrived on November 11, 2010 while the recapitalization means high security and stability for both the Hypo Alpe-Adria-Bank d.d. and the Hypo Group in Bosnia, it was said in the bank's statement.
Bosnia and Herzegovina is key market to the Hypo Group and this increase of reserves further strengthens the position of the Group in the country and contributes to better coping with market challenges.
Hypo Alpe Adria Bank dd Mostar and Hypo Alpe Adria Bank ad Banja Luka are quality counterparts of the Austrian economy.
"Bosnian Hypo Alpe-Adria-Bank this year, thanks to measures taken within the Group as a whole, the quality control and the wholehearted commitment of all our employees, has managed to consolidate its position as one of the strongest banks, in face of economic difficulties. We use the resources, knowledge and experience of over 1100 employees in our Group in Bosnia, while the most important indicator of bank's quality and stability , is the trust of our clients, "said Michael Vogt, director of Hypo-Alpe-Adria-Bank dd.
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New EBRD funds for energy efficiency and renewable energy projects in Bosnia and Herzegovina
€5m credit line to UniCredit Bank
To download the press announcement,
please click here
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WOLF THEISS WINS THE LAWYER'S LAW FIRM OF THE YEAR AWARD FOR CENTRAL EUROPE
For more info, please click here
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| And now open in Sarajevo!
Leading Corporate law firm KN Karanovic & Nikolic extends its practice in Bosnia and Herzegovina to the capital, Sarajevo in cooperation with attorney Nihad Sijercic and team. With our presence in Sarajevo and Banja Luka, the Bosnian practice is further consolidated and clients are fully served throughout the country.
For more info, please click here
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| EBRD, EU and SIDA fund modernisation of water system in Bosnia and Herzegovina
€15.5 million to build wastewater treatment plant in Bijeljina
To read more, click here
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| Company "M: tel" in Kozarska Dubica: investing in the expansion of the telecommunication network about five million KM.
"Given the strategic location of Kozarska Dubica, the needs of our customers, and knowing that it is extremely important to invest constantly, M:tel have decided to invest in this area, specially, when it comes to the fact that Dubica was in bad situation in the urban area, so we had to decide, to significantly raise the quality of telecommunication infrastructure and thereby improve the environment for economic development and life of citizens „ stated Mr. Čulibrk, Managing Director of M:tel
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| Advantis Broker JSC was ranked first in 2009 among all brokerage companies with respect to total annual turnover at Banja Luka Stock Exchange, according to official press release from Banja Luka Stock Exchange.
In 2010 Advantis Broker was the best effort agent for the three issues of municipalities bonds: Kotor Varoš, Brod and Istočni Stari Grad.
For more info, please click here
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Unicredit Bank has published an Economics & FI/FX Research for SEE.
To read Bosnia and Herzegovina outlook statics, please click here.
Whole document available upon request. |
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| Partnership with the Government of FBiH |
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FIC is especially proud of our partnership with the Government of FBiH, established in 2011
(click here to read more) |
| FIC Recommends |
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.
http://www.fipa.gov.ba/
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)
http://www.fzzz.ba/
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. http://www.bizreg.pravosudje.ba
E-register of administrative procedures in the Federation of BIH
The register contains a material and electronic database of all approvals issued and enforced by authorized bodies of the Federation of BIH. The goal of the Register is to publicly present, in a single place and a transparent manner, data on all approvals, related laws and bylaws, and all approvals needed for conducting business activities.
www.fbihvlada.gov.ba/bosanski/ereg/index.php
E-register of administrative procedures in Republika Srpska
The register contains a material and electronic database of all approvals issued and enforced by authorized bodies of Republika Srpska. The goal of the Register is to publicly present, in a single place and a transparent manner, data on all approvals, related laws and bylaws, and all approvals needed for conducting business activities.
www.regodobrenja.net
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Investment Development Bank of Republic of Srpska, has published a seventh edition of the IRBRS Economic Monitor
To download the document,
please click here. |
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EBRD Transition Report 2010,
for Bosnia and Herzegovina
To download the document,
please click here. |
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The EBRD's Board of Directors has approved a new strategy for Bosnia and Herzegovina that sets out priorities for the Bank's activity in the country until 2013. The focus over the next three years will remain on financing and supporting projects in infrastructure and energy, financial and industrial and key export-oriented sectors.
To download the document, please click here. |
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The World Bank has published a Doing Business 2011.
To download the Executive Summary of the Report, please click here.
To download the Score Card for BiH, please click here. |
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EBRD office of the Chief Economist has published a report on Regional Economic Prospects in EBRD Countries of operations: October 2010
(To read a document,
click here) |
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Investment Development Bank of Republic of Srpska, has published a sixth edition of the IRBRS Economic Monitor.
In this document you can find analytical presentation and overview of economic trends in the Republic of Srpska, essential for decision making on investments.
(To download the document,
click here) |
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