News
July 12, 2017
High level of stability: EOS gets another 'A' rating
Hamburg, 12 July 2017 – For the thirteenth time in succession, the auditors from Euler Hermes Rating have awarded EOS Holding an 'A' rating, acknowledging that the debt collection specialist enjoys a good credit standing and long-term viability.
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June 22, 2017
A round table on the procedures for granting concessions in BiH
On June 20, 2017, in Sarajevo was held a round table on "Analyzing the state of integrity, challenges and opportunities in the procedures for granting concessions in BiH", organized by the Center for Responsible Democracy - COD LUNA.
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April 11, 2017
First meeting of FIC Working Group on the Shadow Economy
Today in Sarajevo held the constituting meeting of the Working Group of the Shadow Economy under the Foreign Investors Council BiH(FIC).
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March 27, 2017
Cooperation Council Meeting
A regular meeting of the Cooperation council quarterly organized by the Foreign Investors Council BiH (FIC) took place on March 22, 2017 in Sarajevo. Apart from the representatives of the FIC management, the meeting was also attended by the regular members of the Cooperation Council consisting of commercial attachés of foreign embassies in BiH and representatives of international organisations in BiH.
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March 24, 2017
EBRD Board Directors to visit Bosnia and Herzegovina
Meetings with authorities, businesses and civil society in preparation of new country strategy
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March 07, 2017
EBRD Transition Report 2016-17 launch event in Banja Luka and Sarajevo announced
The EBRD office in BiH announced the launch of the EBRD Transition Report 2016-17 in Banja Luka on 13 March 2017 and Sarajevo on 16 March 2017.
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March 02, 2017
The second meeting of the working group for business friendliness
The second meeting of the Working Group for Business Friendliness was organized on Wednesday, 1 March in Belgrade, in cooperation with Regional Cooperation Council (RCC) and GIZ Open Regional Fund for Modernization of Municipal Services (GIZ ORF).
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February 17, 2017
Foreign Investors Council and the Federal Chamber of Commerce organized a panel debate on labour legislation in the FBiH
Continuing activities on the implementation of recommendations from the White Book 2015/16 Foreign Investors Council in BiH and FBiH Chamber of Commerce today organized a panel debate on the theme of labour legislation in the Federation in the Great Hall of the Foreign Trade Chamber of Bosnia and Herzegovina.
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February 16, 2017
Foreign Investors Council in cooperation with PricewaterhouseCoopers Sarajevo and the Federal Ministry of Finance held a meeting on implementation of the Law on Corporate Income Tax with reference to the Ordinance on the Implementation of the Law on Incom
Tax experts in their role as hosts of the meeting were Ms. Medina Dudo from the Federal Ministry of Finance, Ms. Mubera Brkovic, Tax Manager PricewaterhouseCoopers Sarajevo, and Ms. Nermin Hadzihasanovic, a consultant at PricewaterhouseCoopers Sarajevo.
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February 09, 2017
Economic Forum of Bosnia and Herzegovina 2017: Economy is the key and should be a priority
The economy has to be a priority and ahead of politics, it has to be the key to everything, and everything else is a waste of time, it was said today in Sarajevo at the opening of the Economic Forum, which is organized by the Faculty of Economics, University of Sarajevo.
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December 14, 2016
Foreign Investors Council BiH (FIC) held the 7th General Assembly in Sarajevo
Sarajevo, December 14, 2016 - FIC BiH held on Wednesday, the 7th General Assembly in 2016, at which they adopted statements from 2015/2016 and agreed on directions for future action.
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November 28, 2016
Open call to municipalities from FBIH to join BFC SEE
FC Business Friendly Network of the Federation of Bosnia and Herzegovina published an open call for local governments from FbiH to participate in the regional program Business Friendly Certification in South East Europe - BFC SEE. The deadline for applications is 15 December 2016.
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November 18, 2016
Bosch Smart Solutions Conference 2016
Bosch, one of the leading world companies in the area of technology and associated services, is organising the “Bosch Smart Solutions” regional conference in the Congress Hall of the Zagreb Fair (Globus) on Wednesday, 30 November 2016 at 9:30.
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October 21, 2016
Miovčić: BiH has to support development of small and medium enterprises
Despite negative indicators such as political instability, corruption, lack of enforcement of court decisions, high unemployment and a shortage of skilled labor, the fact is that Bosnia and Herzegovina with its potentials provides sufficient conditions for the successful operation of companies.
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October 11, 2016
Foreign Investors Council of BiH presented the business environment in BiH to Japanese business delegation
Foreign Trade Chamber of BiH in cooperation with the Japan External Trade Organization (JETRO Wien), Embassy of Japan in BiH and the Foreign Investment Promotion Agency of BiH organized the visit of the Japanese business delegation to BiH. The aim of the visit was a possibility of development of business relations with Bosnia & Herzegovina.
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October 06, 2016
Training on Transfer Pricing
Foreign Investors Council of Bosnia and Herzegovina and Foreign Trade Chamber of Bosnia and Herzegovina and, in cooperation with the audit and consulting company PricewaterhouseCoopers Sarajevo, organized education on transfer pricing for taxpayers, companies, members of the Foreign Trade Chamber of BiH and Foreign Investors Council of BiH. Speakers at the press conference were Ms. Medina Dudo from the Federal Ministry of Finance and Ms. Mubera Brkovic, Tax Manager at PricewaterhouseCoopers Sarajevo. The seminar was attended by over 80 representatives of domestic and foreign companies.
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September 14, 2016
Invitation to "International Business Conference 2016"
Ministry of Economy of the Sarajevo Canton plans to organize "International Business Conference 2016", in Sarajevo, on September 29, 2016. This Conference will bring together most sagnificant economy and finance experts from the country and abroad, as well as representatives of foreign and domestic companies from different sectors of the economy.
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August 31, 2016
EBRD funds expansion of water network in Visoko, BiH
Loan of €4.5m to connect households, cut water losses, introduce EU quality standards. The European Bank for Reconstruction and Development (EBRD) is supporting an upgrade of the water supply network in Visoko, a municipality in Bosnia and Herzegovina, which will raise potable water quality to European standards and connect a third of the population to water network, providing 11,500 people with potable running water for the first time.
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August 30, 2016
The third exhibition and conference - RENEXPO® BiH, 9-10 November 2016, Sarajevo
The largest conference on renewable energy, energy efficiency and the environment in Bosnia and Herzegovina of RENEXPO BiH will be held on 9 and 10 November 2016 at the hotel Hills in Sarajevo.
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August 29, 2016
EBRD President to visit Bosnia and Herzegovina, and Serbia; give speech on EU integration
President Chakrabarti will meet governments and businesses to reaffirm EBRD support for regional dialogue; announce Annual Meeting 2019 to be held in Sarajevo
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July 19, 2016
PRESS RELEASE - Addiko Bank is the new brand and name of Hypo Group Alpe Adria
Vienna/Bana Luka/Mostar, 7 July 2016Addiko Bank is the new brand under which the former Hypo Group Alpe Adria AG will start operating as of 11 July. The new brand identity reflects the bank’s new business strategy, its unique positioning, but first and foremost its commitment to improvement and changing the way we feel banking should be done – straightforward banking.
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July 18, 2016
TBG BH took over W & M concrete plant - Top Concrete in new locations
TBG BH doo Kakanj, a company owned by cement plant Tvornica cementa Kakanj and a member of the German HeidelbergCement Group, took over the concrete mixing company W & P Concrete Ltd. Ilidza. From now on, TBG BH will supply its customers with superior quality concrete via additional two concrete plants in Rajlovac and Zenica. With this acquisition TBG BH strengthens its leading position in the market of ready-mixed concrete in BiH.
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July 15, 2016
Mr. Valentin Ilievski, board member of Foreign Investors Council of BiH said that the aim of the FBiH Reform Agenda was reducing the labour burdens from 72% to 50%
FBiH Employers Association, Union of Independent Trade Unions of BiH, BiH Foreign Trade Chamber, Foreign Investors Council of BiH, FBiH Chamber of Commerce and FIPA today organized a press conference regarding the recent amendments to the Rulebook on the Implementation of the FBiH Income Tax Law.
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July 14, 2016
Coke summership 2016
On 12 July 2016, in Sarajevo started a unique program Coca-Cola summer practice called Coke Summership. Coca-Cola HBC B-H Sarajevo is gathered 20 participants of the first generation of programs that have been selected from over 900 applicants. The first day of the program was spent in getting to know the company, program and mentors, learning and fun will continue through the next six weeks in which participants will have the opportunity to learn about innovative methods of doing business that the world's largest brand run for more than 130 years.
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July 13, 2016
EBRD finances road repairs and upgrades in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €65 million to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years.
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July 08, 2016
Doors Open Day in Cement Factory Kakanj
Cement Factory Kakanj (TCK) prepared sports, entertainment and children's program for Doors Open Day which will be held on Saturday, 9 July 2016 from 9:30 to 14:00 hrs.
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June 24, 2016
EBRD supports Raiffeisen Leasing Sarajevo
Small and medium-sized enterprises (SMEs) are to benefit from a loan of up to €7 million that the European Bank for Reconstruction and Development (EBRD) is providing to Raiffeisen Leasing d.o.o. Sarajevo for on-lending to local businesses.
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June 03, 2016
Cement Plant Kakanj celebrate the World Environment Day
About 40 children from kindergarten "Mladost" in Kakanj visited the Kakanj Cement plant and together with kindergarten collective clebrate World Environment Day, and together planted ten new trees on the lawn next to the new clinker silo.
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June 01, 2016
Representatives of Foreign Investors Council presented recommendations from White Book chapter on ‘’Rule of Law’’ at the XII Conference of Presidents of courts in Bosnia and Herzegovina
Representatives of Foreign Investors Council (FIC) took part at the XII Conference of Presidents of Courts in Bosnia and Herzegovina held on 30 May 2016 in Teslic.
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May 30, 2016
FIC representatives took part at the panel discussion with ‘COWEB’ Committee of EU Member State diplomats
Members of the European Union’s Working Party on the Western Balkans Region (COWEB) visited Bosnia and Herzegovina from 25 to 27 May. The members are diplomats from the embassies of the 28 Member States to the EU
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May 25, 2016
20th anniversary of the Swiss Cooperation Programme in Bosnia and Herzegovina
Switzerland, a partner of BiH in building bridges between people, societies and cultures, on the occasion of the 20th anniversary of the Swiss cooperation programme in Bosnia and Herzegovina invites you to this celebration on June 2, 2016, 13:00 to 18:00 hrs, at Dom mladih Skenderija, Sarajevo.
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May 11, 2016
MESSER won the concession for research of CO2 in Petrovo
On 11 May 2016, the Municipal Assembly of Petrovo issued a positive opinion to a company Messer BH Gas Sarajevo, a subsidiary Sockovac, on the initiation of the procedure for granting concession for exploration of CO2, gas and thermal mineral water at the site Ciguse-Bare in Sockovac in a municipality Petrovo.
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May 11, 2016
Kakanj Cement Factory annual meeting of shareholders Business model of continuous growth
At the General Assembly meeting (GA) which was held on 9 May 2016 in Kakanj, shareholders of the Cement Factory Kakanj adopted the annual business report of 2015, the reports of the Supervisory Board, the Audit Committee and the independent auditor's report.
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April 21, 2016
Cement factory Kakanj hosted Austrian entrepreneurs
On Thursday, 21 April 2016, representatives of Austrian companies led by Sigmund Nemeti, commercial counselor at the Austrian Embassy in BiH, visited the Kakanj Cement plant. On that occasion Izudin Neimarlija, executive director of the Kakanj Cement plant for production and technical issues, presented all the main business activities of the Cement Factory Kakanj taken from privatization till now.
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April 20, 2016
Jahorina Economic Forum - Cooperation between countries crucial for development
On April 20, 2016 Republika Srpska President Milorad Dodik opened on Jahorina Mountain a two-day Jahorina Economic Forum 2016, which brought together 300 experts of modern economy, local entrepreneurs, foreign investors and representatives of the largest economies in the world, including 60 eminent panelists.
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March 24, 2016
Minister of Economy met with the Executive Director of the Foreign Investment Council (FIC)
Ministar privrede Kantona Sarajevo Muharem Šabić razgovarao je danas sa izvršnom direktoricom Vijeća stranih investitora (VSI) Sanjom Miovčić o saradnji u organizovanju “Međunarodnog poslovnog foruma 2016” koji će se održati sredinom septembra 2016. godine u Sarajevu. Kako je navela Miovčić, Vijeće stranih investitora zastupa interese stranih kompanija u Bosni i Hercegovini (BiH), a misija mu je zagovaranje uslova za poboljšanje poslovanja u BiH sa ciljem postizanja daljeg ekonomskog razvoja i općeg prosperiteta građana Bosne i Hercegovine.
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March 18, 2016
Representatives of 14 media of the EU countries visited FIPA
The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić and his associates received representatives of 14 media from the EU countries who were introduced to the Bosnia and Herzegovina’s economic sectors which could attract foreign investment.
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February 24, 2016
Corporate gathering of the FIC members with the Prime Minister of the Federation of BiH, Mr. Fadil Novalić
Sarajevo, 24 February 2016 –FIC members and the Prime Minister of the Federation of Bosnia and Herzegovina, Fadil Novalić, held today a corporate gathering at hotel "Europe" in SarajevoBased on the Memorandum of Understanding signed between the Federal Government and the FICl in 2011, political actors in the Federation of BiH have been committed to the implementation of the reform process in the areas that are crucial for improvement of business and investment environment in the country. Read more
February 19, 2016
Minster Šarović visited FIPA
Sarajevo, 19 February 2016 - The Vice President of the Council of Ministers and Minister of Foreign Trade and Economic Relations of BiH Mirko Šarović and his associates had a meeting with the management of the Foreign Investment Promotion Agency of BiH (FIPA) led by the Director Gordan Milinić and members of the Steering Board of the Agency.The meeting discussed the future cooperation between the Ministry and the FIPA in creating a favourable business environment to attract foreign investment. Read more
February 17, 2016
First Steps towards Establishing Communication between Government and NGO Representatives in FBiH
The organizer of the Round Table was the Government of the Federation of BiH and civil society organizations also participated, whose work was directed on the social and economic issues. The intention of the Government of FBiH was to thus improve an open and continuous dialogue for the purpose of exchanging experiences and ideas for possible solutions. The Round Table was organized as the first in a series of consultative events of the governmental and the non-governmental sector within the realization of the Reform Agenda.
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February 11, 2016
EBRD launched Transition Report 2015-16: Rebalancing Finance
Sarajevo, 11 February 2016 - The European Bank for Reconstruction and Development launched its Transition Report 2015-16 “Rebalancing Finance” in Sarajevo. The Report outlines some of the key developments in Bosnia and Herzegovina over the past year and discusses the transition challenges ahead – for BiH and for the wider region.During the event two of the Report`s editors, Peter Sanfey (Deputy Director for Country Economics and Policy) and Alexander Plekhanov (Lead Economist) presented an overview of the main findings of the Report , and Tamir Mostarac, Principal Banker, EBRD Bosnia and Herzegovina, presented an overview of the Bank`s investment results and wider strategy in the country. Read more
January 04, 2016
New Executive Director of the FIC in BiH appointed
Sarajevo, 4. january 2016. godine – At its last session in 2015, the FIC Board of Directors appointed a new Executive Director, Sanja Miovčić.Sanja Miovčić took office on 1st January 2016, taking over the position of the long-standing Executive Director Ms. Bojana Škrobić-Omerović. She has more then 15 years of professional experience in numerous international companies and organizations. Before joining the FIC she worked as a Business Development & Marketing Coordinator at the respectable Austrian consulting company Wolf Theiss. Read more
December 17, 2015
The first „FIC Business Barometer“ presented
Bureaucracy, obtaining permits and corruption are obstacles to investment in BiHSarajevo, 17 december 2015 - In HUB 387 (Bosmal City Center) in Sarajevo was presented the first report "FIC Business Barometer".
“FIC Business Barometer” report is a milestone activity of the Foreign Investors Council of BiH (FIC BiH) implemented in cooperation with the Growth-Oriented Local Development (GOLD) Project, which is funded jointly by the United States Agency for International Development (USAID) and the Swedish International Development Cooperation Agency (Sida). Read more
October 29, 2015
Cooperation Council (CC) meeting
On October 29, 2015 in Sarajevo - FIC BiH held a meeting of Cooperation Council (CC). The topic of this meeting was NEW FBiH Labour Law implementation - FIC recommendations to Governments. The guest speaker at the meeting was Ms. Emina Sarac, Head of Human Resources at Raiffeisen bank d.d. BiH and FIC Labour Law working group Team leader.
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June 12, 2015
At the corporate meeting of the German Chamber of Commerce in BiH (AHK) and the Foreign Investors Council in BiH (FIC) underlined the necessity of implementing economic reforms
At the summer corporate meeting which was organised by German Chamber of Commerce in BiH (AHK) and the Foreign Investors Council in BiH on June 12, 2015 in Sarajevo, at the restaurant "4 sobe gospođe Safije", failure to sign the reform agenda was deprecated, in which the political actors in Bosnia and Herzegovina previously committed as part of the German-British initiative.
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April 28, 2015
Regional Conference: “Combating Shadow Economy: A Necessity for Investments in South East Europe”
The representatives of the business community and the public sector institutions - ministers of finance, trade, economy, and directors of taxation and customs administrations from 7 regional economies, gathered on April 28th in Sarajevo at the first regional conference titled Combating Shadow Economy: A Necessity for Investments in South East Europe.
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April 01, 2015
Open forum on the topic “The system of collection and taxation of services for protection of intellectual property, digital contents and telecommunication services in Bosnia and Herzegovina”
Organized by the American Chamber of Commerce and Foreign Investors Council BiH an open forum covering the topic "The system of collection and taxation of services for protection of intellectual property, digital contents, and telecommunication services in Bosnia and Herzegovina” was held in Banja Luka, on Wednesday, April 1st 2015, with the aim of starting a dialogue on the problems faced by businesses in the ICT (Information Communication Technology) field and the protection of intellectual property rights.
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March 25, 2015
Law on Amendments to the Law on the Policy of FDI in BiH put into effect
The Law on Amendments to the Law on the Policy of FDI in Bosnia and Herzegovina have been published on March 16, 2015 in the Official Gazette of BiH 22/15. In consultations to amend this Law were involved the representatives of the Foreign Investors Council BiH.
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March 17, 2015
Working meeting on: „Legislation on Liquid Petroleum Fuels in BiH and their Compliance with EU Regulations“
The meeting was organized by FIC BiH with strong support of EU Delegation in BiH aiming better regulations in fuel and liquid fuels sector. Since our country is on SAA path we would like to emphasize importance of reforming specific sectors. Representatives of entitled ministries for this issue as well as inspectorates were discussing with companies implementation of laws from the field.
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February 18, 2015
The FIC and other business associations in BiH representatives met with ITA to discuss problem of adopting the new Rule on simplified export procedure
The common conclusion on yesterday's meeting is that ITA and business associations in BiH will work together on solving this issue. It will further consider the possibility that the company (exporter) may incorporate only those types of goods that are produced in BiH and exported outside BiH , and that its appearance and the way of packaging clearly identifiable in the simplified customs procedures at border crossing.
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January 23, 2015
The FIC BiH and Sida USAID GOLD project met with Banja Luka City representatives to discuss issuing construction permits in Banja Luka
FIC representatives / company members discussed with City Banja Luka representatives problems arise for investors when apply for permits. Even though city of Banja Luka improved permitting system still there are issues when it comes to implementation and coordination of administration.
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December 26, 2014
Joint activities to create a better environment for foreign investors
Prospects and potentials for attracting new development and existing foreign investment, and the problems and difficulties that foreign investors in Bosnia and Herzegovina encountered were the topics at the meeting with Prime Minister of Tuzla Canton Bahrija Umihanić and representatives of the Foreign Investors Council BiH – FIC, representatives of the USAID and City of Tuzla.
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September 13, 2013
Societe Generale Bank President of the Executive Board Becomes New Serbia FIC President
The Foreign Investors Council announced changes in its management, triggered by promotion of FIC officials within their companies. Association has the new leader and changed representation in the Board of Directors. At the same time, FIC will continue to pursue the same policy of advocating for simplified and more favourable business conditions.
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September 09, 2013
International public call (tender)
Pursuant to Article 9 and 10 Rules of Procedure of the public tender for the use of real estate property owned by the Republic of Srpska and units of Local Self-government ("Official Gazette of the Republic of Srpska" no. 20/12), point III of the Decision on the conditions of cede locations determined with the allotment Plan of industrial zones "Borja"...
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September 06, 2013
The FIC representatives met with Minister Trhulj
The FIC BoD members, Ms. Mubera Brkovic and Mr. Libor Krkoska and FIC executive director Bojana Škrobić Omerović, today met with Minister Trhulj in order to discuss Legislation regarding the PPP and Energy Efficiency projects in FBiH.
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July 02, 2013
€75 million for new Western Balkans Sustainable Energy Financing Facility Raiffeisen Bank BiH becomes first borrower under new facility
The European Bank for Reconstruction and Development (EBRD) is launching the €75 million Western Balkans Sustainable Energy Financing Facility II (WeBSEFF II) to improve energy supply in the eligible countries, with investments in energy efficiency and renewable energy projects.
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July 02, 2013
Bosnian wastewater project wins EBRD support New treatment plant for Cazin municipality
The funds, which are extended to the state of Bosnia and Herzegovina and on-lent to the public utility company JKP Vodovod Cazin, will be used to finance the expansion of the wastewater collection network and the construction of a wastewater treatment plant. Co-financing grants of up to €6.0 million are currently being considered by international donors.
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June 06, 2013
Supporting female entrepreneurs in BiH EBRD loan to microfinance institution MiBospo
he EBRD is facilitating the access to finance for female entrepreneurs by providing a €1.5 million loan to Mikrokreditna Fondacija Mi-Bospo Tuzla (MiBospo), the leading micro-finance institution in Bosnia and Herzegovina and neighbouring countries focused on women in business.
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June 04, 2013
The FIC efforts made concrete results: Federal Government affirmed the proposal of new Law on amendments to the Law on Enterprises of FBiH.
Law on amendments to the Law on Enterprises of BiH, whose proposal affirmed by Federal government at yesterday's session, represents the realization of obligations from the Memorandum of cooperation signed in Sarajevo on October 7, 2011 between Foreign Investors Council and federal Prime Minister Mr. Niksic with the aim of removing legal barriers and administrative obstacles for investment in the Federation of BiH.
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